InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report issued on Monday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Price Performance

IHT stock opened at $2.26 on Monday. The business’s fifty day moving average price is $2.55 and its 200 day moving average price is $2.24. InnSuites Hospitality Trust has a 12-month low of $1.25 and a 12-month high of $2.70. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 5.82. The company has a market capitalization of $19.81 million, a PE ratio of -22.60 and a beta of 0.14.

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.