Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a report issued on Wednesday morning. The brokerage issued a hold rating on the real estate investment trust’s stock.

Sotherly Hotels Stock Up 1.4 %

Shares of NASDAQ:SOHO opened at $0.88 on Wednesday. Sotherly Hotels has a 52-week low of $0.85 and a 52-week high of $1.54. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16. The business has a fifty day moving average of $0.98 and a two-hundred day moving average of $1.14. The stock has a market cap of $17.47 million, a P/E ratio of -2.67 and a beta of 1.55.

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.