InnSuites Hospitality Trust (NYSE:IHT) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Up 1.2 %

Shares of InnSuites Hospitality Trust stock opened at $2.56 on Wednesday. The company has a fifty day moving average price of $2.39 and a 200 day moving average price of $2.07. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 5.82. InnSuites Hospitality Trust has a twelve month low of $1.25 and a twelve month high of $2.70. The stock has a market cap of $22.43 million, a price-to-earnings ratio of -25.60 and a beta of 0.22.

About InnSuites Hospitality Trust

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.