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

StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT) in a research report released on Thursday. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Price Performance

Shares of NYSE IHT opened at $1.89 on Thursday. InnSuites Hospitality Trust has a twelve month low of $1.15 and a twelve month high of $2.25. The company has a 50 day moving average of $1.94 and a 200 day moving average of $1.69. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 4.54. The firm has a market cap of $16.58 million, a P/E ratio of -31.50 and a beta of 0.13.

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.