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

Equities researchers at StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note issued on Tuesday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Trading Down 2.6 %

Shares of Sotherly Hotels stock opened at $0.90 on Tuesday. Sotherly Hotels has a 12-month low of $0.86 and a 12-month high of $1.54. The company has a market capitalization of $17.86 million, a price-to-earnings ratio of -2.73 and a beta of 1.55. 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 firm’s 50-day moving average price is $1.03 and its two-hundred day moving average price is $1.16.

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.