Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report issued on Thursday. The firm set a “hold” rating on the real estate investment trust’s stock.

Separately, Piper Sandler lowered their target price on Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating on the stock in a report on Tuesday, September 3rd.

Sotherly Hotels Stock Down 2.2 %

Shares of SOHO stock opened at $0.90 on Thursday. Sotherly Hotels has a 1 year low of $0.86 and a 1 year high of $1.65. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51. The business’s fifty day moving average is $1.18 and its 200-day moving average is $1.23. The stock has a market cap of $17.87 million, a PE ratio of -2.73 and a beta of 1.66.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.