InnSuites Hospitality Trust (NYSE:IHT) Now Covered by StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research note issued on Monday. The brokerage set a “hold” rating on the stock.

InnSuites Hospitality Trust Trading Down 0.8%

NYSE:IHT opened at $2.46 on Monday. InnSuites Hospitality Trust has a 12 month low of $1.28 and a 12 month high of $2.70. The firm has a market capitalization of $21.56 million, a PE ratio of -24.60 and a beta of 0.12. The company has a debt-to-equity ratio of 5.82, a current ratio of 1.62 and a quick ratio of 1.62. The business’s 50-day moving average is $2.43 and its two-hundred day moving average is $2.38.

InnSuites Hospitality Trust Company Profile

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.