InnSuites Hospitality Trust (NYSE:IHT) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of IHT stock opened at $1.98 on Thursday. InnSuites Hospitality Trust has a 12 month low of $1.11 and a 12 month high of $2.25. The stock has a market cap of $17.37 million, a PE ratio of -33.00 and a beta of 0.13. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 4.54. The company’s fifty day moving average price is $1.93 and its 200-day moving average price is $1.68.

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.