StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Free Report) in a report released on Sunday. The firm issued a hold rating on the stock.
InnSuites Hospitality Trust Price Performance
NYSE:IHT opened at $1.58 on Friday. InnSuites Hospitality Trust has a 52 week low of $0.95 and a 52 week high of $2.33. The stock’s fifty day moving average is $1.66 and its two-hundred day moving average is $1.49. The company has a market capitalization of $14.25 million, a P/E ratio of -79.00 and a beta of 0.11. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 3.49.
InnSuites Hospitality Trust Dividend Announcement
The business also recently announced a semi-annual dividend, which was paid on Wednesday, July 31st. Shareholders of record on Friday, July 19th were paid a dividend of $0.01 per share. This represents a yield of 1.2%. The ex-dividend date of this dividend was Friday, July 19th. InnSuites Hospitality Trust’s dividend payout ratio (DPR) is presently -100.00%.
Insider Activity at InnSuites Hospitality Trust
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.
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