Sotherly Hotels (NASDAQ:SOHO) Now Covered by StockNews.com

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

Sotherly Hotels Stock Performance

NASDAQ:SOHO opened at $0.87 on Wednesday. Sotherly Hotels has a fifty-two week low of $0.85 and a fifty-two week high of $1.54. The company has a fifty day moving average of $1.01 and a two-hundred day moving average of $1.15. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51. The stock has a market capitalization of $17.27 million, a PE ratio of -2.64 and a beta of 1.55.

About Sotherly Hotels

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.