Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Separately, Piper Sandler reduced their target price on shares of Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating on the stock in a report on Tuesday, September 3rd.

Sotherly Hotels Price Performance

SOHO stock opened at $1.00 on Friday. The business’s 50-day moving average is $1.12 and its two-hundred day moving average is $1.18. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a market capitalization of $19.85 million, a P/E ratio of -3.03 and a beta of 1.58. Sotherly Hotels has a 1 year low of $0.86 and a 1 year high of $1.65.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.