Sotherly Hotels (NASDAQ:SOHO) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report report published on Wednesday morning. The brokerage issued a hold rating on the real estate investment trust’s stock.

Sotherly Hotels Trading Up 1.4 %

SOHO stock opened at $0.88 on Wednesday. The business’s 50-day moving average is $0.98 and its 200 day moving average is $1.14. Sotherly Hotels has a 12-month low of $0.85 and a 12-month high of $1.54. The stock has a market cap of $17.47 million, a price-to-earnings ratio of -2.67 and a beta of 1.55. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 7.16.

About Sotherly Hotels

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.