Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note published on Wednesday morning. The brokerage issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler lowered their price target on Sotherly Hotels from $2.00 to $1.50 and set a neutral rating for the company in a research report on Tuesday, September 3rd.

Sotherly Hotels Stock Up 0.8 %

Shares of Sotherly Hotels stock opened at $1.25 on Wednesday. Sotherly Hotels has a 1 year low of $1.07 and a 1 year high of $1.76. The firm has a market cap of $24.81 million, a price-to-earnings ratio of -5.95 and a beta of 1.67. The company has a 50-day moving average of $1.24 and a 200 day moving average of $1.29. The company has a debt-to-equity ratio of 6.63, a current ratio of 1.38 and a quick ratio of 1.38.

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.