StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Free Report) in a research report sent to investors on Sunday. The firm issued a hold rating on the stock.
InnSuites Hospitality Trust Stock Performance
Shares of NYSE IHT opened at $2.54 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 5.82. InnSuites Hospitality Trust has a 12 month low of $1.25 and a 12 month high of $2.70. The stock has a 50 day moving average of $2.57 and a 200-day moving average of $2.22. The company has a market capitalization of $22.26 million, a P/E ratio of -25.40 and a beta of 0.14.
InnSuites Hospitality Trust Announces Dividend
The company also recently declared a semi-annual dividend, which was paid on Wednesday, February 5th. Investors of record on Friday, January 24th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a yield of 0.8%. InnSuites Hospitality Trust’s payout ratio is currently -20.00%.
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.
See Also
- Five stocks we like better than InnSuites Hospitality Trust
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- How to Build the Ultimate Everything ETF Portfolio
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- EV Stocks and How to Profit from Them
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for InnSuites Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InnSuites Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.