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

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

InnSuites Hospitality Trust Stock Down 1.6%

IHT stock opened at $2.51 on Monday. The firm has a market cap of $22.00 million, a PE ratio of -25.10 and a beta of 0.12. 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’s 50 day moving average price is $2.43 and its 200-day moving average price is $2.38. InnSuites Hospitality Trust has a one year low of $1.28 and a one year high of $2.70.

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.