InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated by Analysts at StockNews.com

Posted by Donald Scott on Oct 11th, 2024

StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Free Report) in a research note published on Monday morning. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of InnSuites Hospitality Trust stock opened at $1.97 on Monday. 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 firm has a market capitalization of $17.27 million, a P/E ratio of -95.88 and a beta of 0.13. The business has a fifty day simple moving average of $1.82 and a two-hundred day simple moving average of $1.62. InnSuites Hospitality Trust has a 12 month low of $1.11 and a 12 month high of $2.25.

About InnSuites Hospitality Trust

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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.