InnSuites Hospitality Trust (IHT) Posts Quarterly Earnings Results
InnSuites Hospitality Trust (NYSE:IHT) issued its quarterly earnings data on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. InnSuites Hospitality Trust had a net margin of 1.40% and a negative return on equity of 18.56%. The company had revenue of $2.41 million during the quarter.
InnSuites Hospitality Trust (IHT) opened at 1.91 on Friday. The stock’s market capitalization is $18.67 million. The company’s 50-day moving average price is $1.86 and its 200 day moving average price is $1.93. InnSuites Hospitality Trust has a 52-week low of $1.23 and a 52-week high of $2.32.
InnSuites Hospitality Trust Company Profile
InnSuites Hospitality Trust is a real estate investment trust. The Trust is engaged in the ownership and operation of hotel properties. The Trust, with its affiliates RRF Limited Partnership and InnSuites Hotels, Inc, owns interest and operates approximately four hotels, provides management services for approximately six hotels and provides trademark license services for approximately seven hotels.
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