InnSuites Hospitality Trust (NYSE:IHT) Now Covered by Analysts at StockNews.com

Posted by Stephan Jacobs on Nov 11th, 2024

StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Free Report) in a research note released on Friday. The firm issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of IHT stock opened at $1.95 on Friday. InnSuites Hospitality Trust has a 1-year low of $1.15 and a 1-year high of $2.25. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 4.54. The company has a market capitalization of $17.06 million, a price-to-earnings ratio of -32.42 and a beta of 0.13. The stock’s fifty day simple moving average is $1.94 and its 200-day simple moving average is $1.70.

InnSuites Hospitality Trust Company Profile

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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.