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 issued to investors on Saturday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of IHT opened at $2.59 on Friday. The stock has a market capitalization of $22.70 million, a price-to-earnings ratio of -43.16 and a beta of 0.21. 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 simple moving average is $2.18 and its 200 day simple moving average is $1.93. InnSuites Hospitality Trust has a 52-week low of $1.25 and a 52-week high of $2.70.

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.