Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com
by Danessa Lincoln · The Markets DailyStockNews.com initiated coverage on shares of Sotherly Hotels (NASDAQ:SOHO – Free Report) in a report issued on Tuesday. The firm issued a hold rating on the real estate investment trust’s stock.
Sotherly Hotels Stock Down 2.6 %
SOHO stock opened at $0.90 on Tuesday. The stock has a market capitalization of $17.86 million, a PE ratio of -2.73 and a beta of 1.55. Sotherly Hotels has a one year low of $0.86 and a one year high of $1.54. The company has a fifty day moving average of $1.03 and a 200-day moving average of $1.16. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51.
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.
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