Somewhat Favorable News Coverage Extremely Likely to Impact InnSuites Hospitality Trust (IHT) Stock Price
News stories about InnSuites Hospitality Trust (NYSE:IHT) have trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a division of Accern, identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InnSuites Hospitality Trust earned a daily sentiment score of 0.12 on AlphaOne’s scale. AlphaOne also gave media headlines about the company an impact score of 100 out of 100, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next several days.
InnSuites Hospitality Trust (NYSE:IHT) traded up 7.22% during mid-day trading on Friday, reaching $1.93. 21,896 shares of the company were exchanged. The stock’s market capitalization is $18.87 million. InnSuites Hospitality Trust has a 12-month low of $1.55 and a 12-month high of $3.09. The company’s 50 day moving average price is $1.92 and its 200-day moving average price is $2.04.
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About InnSuites Hospitality Trust
InnSuites Hospitality Trust (the 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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