InnSuites Hospitality Trust (NYSE:IHT) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of InnSuites Hospitality Trust (NYSE:IHT – Get Rating) in a note issued to investors on Monday. The firm set a “hold” rating on the stock.

InnSuites Hospitality Trust Stock Performance

Shares of NYSE:IHT opened at $1.47 on Monday. InnSuites Hospitality Trust has a 52 week low of $1.14 and a 52 week high of $3.77. The company has a debt-to-equity ratio of 2.51, a quick ratio of 2.30 and a current ratio of 2.30. The firm has a market capitalization of $13.49 million, a PE ratio of 24.50 and a beta of 0.10.

InnSuites Hospitality Trust Company Profile

(Get Rating)

InnSuites Hospitality Trust engages in the ownership and operation of hotel properties. It also offers management services, which focus on trademark and licensing. The company was founded by James F. Wirth on June 21, 1971 and is headquartered in Phoenix, AZ.