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

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

InnSuites Hospitality Trust Stock Performance

Shares of NYSE IHT opened at $2.03 on Friday. The company has a market cap of $17.77 million, a PE ratio of -33.75 and a beta of 0.13. The firm’s 50 day moving average price is $1.94 and its 200-day moving average price is $1.72. InnSuites Hospitality Trust has a 52-week low of $1.22 and a 52-week high of $2.25. The company has a debt-to-equity ratio of 4.54, a quick ratio of 1.22 and a current ratio of 1.22.

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.