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

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

InnSuites Hospitality Trust Stock Up 0.5 %

IHT opened at $2.05 on Friday. The company has a market capitalization of $17.99 million, a PE ratio of -34.17 and a beta of 0.13. The business has a 50-day moving average of $1.94 and a 200-day moving average of $1.73. The company has a debt-to-equity ratio of 4.54, a current ratio of 1.22 and a quick ratio of 1.22. InnSuites Hospitality Trust has a fifty-two week low of $1.22 and a fifty-two week high of $2.25.

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.