Sotherly Hotels (NASDAQ:SOHO) Now Covered by StockNews.com

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

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

Sotherly Hotels Stock Performance

Shares of SOHO opened at $1.04 on Friday. The company has a market capitalization of $20.69 million, a price-to-earnings ratio of -3.16 and a beta of 1.58. Sotherly Hotels has a 52-week low of $0.86 and a 52-week high of $1.65. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16. The stock has a 50 day moving average price of $1.13 and a 200 day moving average price of $1.19.

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.