InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research note released on Tuesday morning. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Trading Up 0.5 %

Shares of IHT opened at $2.16 on Tuesday. InnSuites Hospitality Trust has a 12-month low of $1.22 and a 12-month high of $2.36. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 4.54. The firm has a market capitalization of $18.95 million, a price-to-earnings ratio of -36.00 and a beta of 0.19. The stock’s 50-day moving average price is $2.00 and its 200 day moving average price is $1.82.

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.