Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report released on Sunday. The brokerage issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler decreased their target price on Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating for the company in a research report on Tuesday, September 3rd.

Sotherly Hotels Price Performance

SOHO stock opened at $1.03 on Friday. The firm has a market cap of $20.44 million, a P/E ratio of -3.12 and a beta of 1.58. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51. Sotherly Hotels has a 1 year low of $0.86 and a 1 year high of $1.65. The stock has a 50-day simple moving average of $1.11 and a 200-day simple moving average of $1.18.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.