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

StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research note released on Sunday. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Price Performance

IHT opened at $2.52 on Friday. The stock’s 50 day simple moving average is $2.44 and its 200 day simple moving average is $2.36. The company has a debt-to-equity ratio of 5.82, a current ratio of 1.62 and a quick ratio of 1.62. InnSuites Hospitality Trust has a 1 year low of $1.25 and a 1 year high of $2.70. The firm has a market cap of $22.09 million, a price-to-earnings ratio of -25.20 and a beta of 0.12.

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.