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

StockNews.com initiated coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Trading Up 3.1 %

Shares of NYSE IHT opened at $1.98 on Wednesday. InnSuites Hospitality Trust has a 1-year low of $1.11 and a 1-year high of $2.25. The company has a debt-to-equity ratio of 4.54, a current ratio of 1.22 and a quick ratio of 1.22. The business’s 50 day moving average is $1.89 and its two-hundred day moving average is $1.66. The stock has a market capitalization of $17.87 million, a P/E ratio of -99.00 and a beta of 0.13.

About InnSuites Hospitality Trust

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.