Sotherly Hotels (NASDAQ:SOHO) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a report released on Monday. The brokerage issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler reduced their target price on Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Tuesday, September 3rd.

Sotherly Hotels Trading Down 0.3 %

Shares of SOHO stock opened at $0.94 on Monday. Sotherly Hotels has a fifty-two week low of $0.86 and a fifty-two week high of $1.54. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a 50 day simple moving average of $1.09 and a two-hundred day simple moving average of $1.17. The company has a market cap of $18.74 million, a P/E ratio of -2.86 and a beta of 1.58.

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.