InnSuites Hospitality Trust (NYSE:IHT) Earns Hold Rating from Analysts at StockNews.com

Posted by Samantha Reynolds on Dec 11th, 2024

StockNews.com began coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Free Report) in a research note issued to investors on Tuesday. The brokerage issued a hold rating on the stock.

InnSuites Hospitality Trust Stock Up 0.5 %

Shares of IHT opened at $2.16 on Tuesday. The company has a market capitalization of $18.95 million, a P/E ratio of -36.00 and a beta of 0.19. The company has a debt-to-equity ratio of 4.54, a current ratio of 1.22 and a quick ratio of 1.22. InnSuites Hospitality Trust has a one year low of $1.22 and a one year high of $2.36. The business’s 50 day simple moving average is $2.00 and its 200-day simple moving average is $1.82.

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.