InnSuites Hospitality Trust (NYSE:IHT) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a report released on Friday. The brokerage set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of NYSE:IHT opened at $2.09 on Friday. InnSuites Hospitality Trust has a 1 year low of $0.95 and a 1 year high of $2.25. The stock has a market capitalization of $18.85 million, a price-to-earnings ratio of -104.50 and a beta of 0.14. The company has a debt-to-equity ratio of 3.49, a current ratio of 1.67 and a quick ratio of 1.67. The company’s 50 day simple moving average is $1.72 and its 200 day simple moving average is $1.57.

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.