Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated by Analysts at StockNews.com

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

Sotherly Hotels Trading Up 4.0 %

NASDAQ SOHO opened at $0.90 on Wednesday. Sotherly Hotels has a 1 year low of $0.85 and a 1 year high of $1.54. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 7.16. The company has a fifty day moving average price of $1.00 and a 200-day moving average price of $1.15.

Sotherly Hotels Company Profile

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.