StockNews.com Begins Coverage on InnSuites Hospitality Trust (NYSE:IHT)

Investment analysts at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research note issued on Wednesday. The brokerage set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Up 1.2 %

Shares of NYSE IHT opened at $2.56 on Wednesday. InnSuites Hospitality Trust has a 52-week low of $1.25 and a 52-week high of $2.70. The firm has a fifty day moving average of $2.39 and a 200-day moving average of $2.07. The stock has a market capitalization of $22.43 million, a PE ratio of -25.60 and a beta of 0.22. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 5.82.

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.