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

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

InnSuites Hospitality Trust Price Performance

NYSE:IHT opened at $2.54 on Monday. InnSuites Hospitality Trust has a one year low of $1.25 and a one year high of $2.70. The company has a debt-to-equity ratio of 5.82, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market cap of $22.21 million, a price-to-earnings ratio of -25.35 and a beta of 0.21. The firm’s fifty day moving average is $2.30 and its two-hundred day moving average is $1.99.

About InnSuites Hospitality Trust

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.