InnSuites Hospitality Trust (NYSE:IHT) Earns Hold Rating from Analysts at StockNews.com

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

InnSuites Hospitality Trust Price Performance

IHT stock opened at $2.15 on Friday. InnSuites Hospitality Trust has a 1 year low of $1.22 and a 1 year high of $2.36. The company has a debt-to-equity ratio of 4.54, a quick ratio of 1.22 and a current ratio of 1.22. The stock’s 50 day moving average price is $1.94 and its 200 day moving average price is $1.77. The firm has a market cap of $18.86 million, a P/E ratio of -35.83 and a beta of 0.13.

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.