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

Research analysts at StockNews.com started coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a report issued on Wednesday. The firm set a “hold” rating on the real estate investment trust’s stock.

Separately, Piper Sandler dropped their price objective on shares of 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 Trading Down 2.9 %

Shares of NASDAQ SOHO opened at $1.01 on Wednesday. Sotherly Hotels has a 1-year low of $1.01 and a 1-year high of $1.65. The company has a 50-day moving average of $1.22 and a two-hundred day moving average of $1.25. The company has a market cap of $20.05 million, a PE ratio of -3.06 and a beta of 1.66. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 6.88.

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.