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

by · The Cerbat Gem

StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO – Free Report) in a report published on Sunday. The brokerage issued a hold rating on the real estate investment trust’s stock.

Separately, Piper Sandler cut their price target on Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Tuesday, September 3rd.

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Sotherly Hotels Stock Up 3.0 %

SOHO stock opened at $1.03 on Friday. The company’s 50 day simple moving average is $1.11 and its 200-day simple moving average is $1.18. The firm has a market capitalization of $20.44 million, a P/E ratio of -3.12 and a beta of 1.58. Sotherly Hotels has a 52-week low of $0.86 and a 52-week high of $1.65. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51.

Sotherly Hotels Company Profile

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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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