InnSuites Hospitality Trust (NYSE:IHT) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com started coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

NYSE IHT opened at $2.21 on Thursday. The stock has a fifty day simple moving average of $2.09 and a 200-day simple moving average of $1.89. 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 has a market cap of $19.37 million, a PE ratio of -36.83 and a beta of 0.19. InnSuites Hospitality Trust has a twelve month low of $1.25 and a twelve month high of $2.36.

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.