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 sent to investors on Friday. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Down 2.2 %

Shares of IHT stock opened at $2.18 on Friday. The business’s fifty day moving average is $2.11 and its 200-day moving average is $1.91. The stock has a market cap of $19.11 million, a PE ratio of -36.33 and a beta of 0.19. InnSuites Hospitality Trust has a 1 year low of $1.25 and a 1 year high of $2.36. The company has a debt-to-equity ratio of 4.54, a quick ratio of 1.22 and a current ratio of 1.22.

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.