InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report sent to investors on Saturday. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of InnSuites Hospitality Trust stock opened at $2.59 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 4.54. The stock’s fifty day moving average price is $2.18 and its 200-day moving average price is $1.93. The firm has a market cap of $22.70 million, a P/E ratio of -43.16 and a beta of 0.21. InnSuites Hospitality Trust has a 12 month low of $1.25 and a 12 month high of $2.70.

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.