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

StockNews.com initiated coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a report published on Friday. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Down 1.6 %

Shares of NYSE:IHT opened at $2.41 on Friday. The firm has a market cap of $21.12 million, a P/E ratio of -24.10 and a beta of -0.04. InnSuites Hospitality Trust has a 12-month low of $1.25 and a 12-month high of $2.70. The business has a fifty day simple moving average of $2.46 and a 200 day simple moving average of $2.32. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 5.82.

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.