InnSuites Hospitality Trust (NYSE:IHT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report released on Sunday. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Trading Up 8.8 %

InnSuites Hospitality Trust stock opened at $2.22 on Friday. InnSuites Hospitality Trust has a 12 month low of $1.22 and a 12 month high of $2.36. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 4.54. The business’s fifty day simple moving average is $1.94 and its two-hundred day simple moving average is $1.77. The company has a market capitalization of $19.47 million, a price-to-earnings ratio of -36.99 and a beta of 0.13.

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.