StockNews.com Begins Coverage on InnSuites Hospitality Trust (NYSE:IHT)

Equities research analysts at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Down 5.7 %

Shares of InnSuites Hospitality Trust stock opened at $1.97 on Wednesday. InnSuites Hospitality Trust has a one year low of $0.95 and a one year high of $2.14. The company has a debt-to-equity ratio of 3.49, a quick ratio of 1.67 and a current ratio of 1.67. The firm has a fifty day moving average of $1.67 and a two-hundred day moving average of $1.52. The company has a market cap of $17.78 million, a P/E ratio of -98.50 and a beta of 0.11.

InnSuites Hospitality Trust Company Profile

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.