Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research report sent to investors on Saturday. The firm issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler decreased their target price on shares of Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating for the company in a report on Tuesday, September 3rd.

Sotherly Hotels Stock Up 1.7 %

NASDAQ SOHO opened at $1.06 on Friday. The company has a market capitalization of $21.04 million, a P/E ratio of -3.21 and a beta of 1.58. Sotherly Hotels has a 12 month low of $0.86 and a 12 month high of $1.65. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. The company’s 50 day simple moving average is $1.13 and its 200 day simple moving average is $1.19.

About Sotherly Hotels

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.