InnSuites Hospitality Trust (NYSE:IHT) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report released on Saturday morning. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Up 8.2 %

IHT stock opened at $1.97 on Friday. 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 firm has a market cap of $17.78 million, a PE ratio of -98.50 and a beta of 0.14. InnSuites Hospitality Trust has a 12 month low of $1.11 and a 12 month high of $2.25. The firm has a 50 day simple moving average of $1.76 and a 200 day simple moving average of $1.59.

InnSuites Hospitality Trust Dividend Announcement

The business also recently declared a semi-annual dividend, which was paid on Wednesday, July 31st. Investors of record on Friday, July 19th were given a $0.01 dividend. The ex-dividend date was Friday, July 19th. This represents a dividend yield of 1.2%. InnSuites Hospitality Trust’s dividend payout ratio (DPR) is -100.00%.

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.