Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Stock Performance

NASDAQ SOHO opened at $0.87 on Wednesday. The firm has a market cap of $17.22 million, a P/E ratio of -2.63 and a beta of 1.55. Sotherly Hotels has a 52-week low of $0.85 and a 52-week high of $1.54. The business’s 50-day moving average price is $0.99 and its 200 day moving average price is $1.15. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16.

About Sotherly Hotels

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.