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

StockNews.com initiated coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note released on Thursday morning. The brokerage issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler dropped their target price on shares of Sotherly Hotels from $2.00 to $1.50 and set a neutral rating for the company in a research report on Tuesday, September 3rd.

Sotherly Hotels Stock Down 2.1 %

NASDAQ SOHO opened at $1.15 on Thursday. Sotherly Hotels has a 1-year low of $1.07 and a 1-year high of $1.76. The company has a market capitalization of $22.83 million, a price-to-earnings ratio of -5.48 and a beta of 1.67. The stock’s 50 day moving average is $1.23 and its two-hundred day moving average is $1.28. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 6.63.

About Sotherly Hotels

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.