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

StockNews.com initiated coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report report published on Monday. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Down 1.2 %

IHT stock opened at $2.52 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 5.82. InnSuites Hospitality Trust has a twelve month low of $1.25 and a twelve month high of $2.70. The company’s 50 day moving average is $2.29 and its two-hundred day moving average is $1.99. The stock has a market cap of $22.09 million, a P/E ratio of -25.20 and a beta of 0.21.

InnSuites Hospitality Trust Dividend Announcement

The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Friday, January 24th will be issued a dividend of $0.01 per share. The ex-dividend date is Friday, January 24th. This represents a yield of 0.8%. InnSuites Hospitality Trust’s payout ratio is currently -20.00%.

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.