Sotherly Hotels (NASDAQ:SOHO) Now Covered by StockNews.com

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

Sotherly Hotels Price Performance

SOHO stock opened at $0.90 on Tuesday. The stock has a 50-day simple moving average of $1.03 and a 200-day simple moving average of $1.16. The firm has a market cap of $17.86 million, a P/E ratio of -2.73 and a beta of 1.55. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51. Sotherly Hotels has a 1 year low of $0.86 and a 1 year high of $1.54.

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.