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

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

InnSuites Hospitality Trust Stock Performance

NYSE:IHT opened at $2.32 on Monday. The stock has a market cap of $20.33 million, a P/E ratio of -23.20 and a beta of 0.14. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 5.82. The business’s 50-day moving average price is $2.54 and its two-hundred day moving average price is $2.24. InnSuites Hospitality Trust has a twelve month low of $1.25 and a twelve month high of $2.70.

InnSuites Hospitality Trust Dividend Announcement

The business also recently announced a semi-annual dividend, which was paid on Wednesday, February 5th. Investors of record on Friday, January 24th were paid a $0.01 dividend. This represents a yield of 0.8%. The ex-dividend date of this dividend was Friday, January 24th. InnSuites Hospitality Trust’s dividend payout ratio is currently -20.00%.

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.