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

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

InnSuites Hospitality Trust Stock Performance

IHT stock opened at $2.55 on Thursday. InnSuites Hospitality Trust has a fifty-two week low of $1.25 and a fifty-two week high of $2.70. 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 company has a market capitalization of $22.34 million, a P/E ratio of -25.50 and a beta of 0.22. The company has a 50-day simple moving average of $2.45 and a 200 day simple moving average of $2.11.

InnSuites Hospitality Trust Dividend Announcement

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