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

Equities researchers at StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHTGet Free Report) in a research report issued to clients and investors on Monday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Up 6.6 %

NYSE IHT opened at $1.93 on Monday. The company has a debt-to-equity ratio of 4.54, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a 50-day simple moving average of $1.80 and a 200 day simple moving average of $1.62. InnSuites Hospitality Trust has a twelve month low of $1.11 and a twelve month high of $2.25. The stock has a market cap of $17.42 million, a PE ratio of -96.50 and a beta of 0.13.

About InnSuites Hospitality Trust

(Get Free Report)

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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