InnSuites Hospitality Trust (NYSE:IHT) Now Covered by StockNews.com

Research analysts at StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a report released on Sunday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Price Performance

IHT opened at $2.52 on Friday. InnSuites Hospitality Trust has a 52-week low of $1.25 and a 52-week high of $2.70. The company has a 50 day moving average of $2.23 and a two-hundred day moving average of $1.96. The company has a market cap of $22.08 million, a P/E ratio of -25.20 and a beta of 0.21. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 5.82.

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.