Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a report published on Friday morning. The firm issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler reduced their target price on Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating on the stock in a research note on Tuesday, September 3rd.

Sotherly Hotels Stock Performance

NASDAQ:SOHO opened at $0.98 on Friday. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. The business has a 50 day moving average of $1.14 and a 200 day moving average of $1.21. The company has a market capitalization of $19.51 million, a price-to-earnings ratio of -2.98 and a beta of 1.58. Sotherly Hotels has a 1-year low of $0.86 and a 1-year high of $1.65.

Sotherly Hotels Company Profile

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.