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

by · The Cerbat Gem

StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Free Report) in a report issued on Tuesday morning. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Price Performance

Shares of NYSE:IHT opened at $1.92 on Tuesday. InnSuites Hospitality Trust has a one year low of $1.11 and a one year high of $2.25. The firm has a market capitalization of $17.33 million, a price-to-earnings ratio of -96.00 and a beta of 0.13. The company’s fifty day moving average price is $1.87 and its 200-day moving average price is $1.65. The company has a debt-to-equity ratio of 4.54, a current ratio of 1.22 and a quick ratio of 1.22.

InnSuites Hospitality Trust Company Profile

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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.

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