InnSuites Hospitality Trust [AMEX: IHT] closed the trading session at $2.92 on 11/09/20. The day’s price range saw the stock hit a low of $1.41, while the highest price level was $4.08. The company report on August 14, 2020 that INNSUITES HOSPITALITY TRUST (IHT) – IHT Continuing Operating Results Improve.
InnSuites Hospitality Trust (NYSE American: IHT) InnSuites Hospitality Trust (IHT) reported total revenues of $6.57 million from continuing operations for the fiscal year ended January 31, 2020 (FY 2020) compared to total revenues from continuing operations of $6.17 million for the fiscal year ended January 31, 2019 (FY2019), an increase of $0.4 million, or 6.5%.
Consolidated Net Loss for FY2020 was approximately $2.0 million compared to Consolidated Net Income of $11.1 million for FY2019. Fiscal year ended January 31, 2019 included net income from discontinued operations of $13.1 million as a result of the profitable sales of our Yuma hotel property and our IBC technology subsidiary. We did not sell any of our properties during the fiscal year ended January 31, 2020.
The stocks have a year to date performance of 90.85 percent and weekly performance of 81.93 percent. The stock has been moved at 267.04 percent over the last six months. The stock has performed 129.92 percent around the most recent 30 days and changed 158.41 percent over the most recent 3-months.
If compared to the average trading volume of 4.62K shares, IHT reached to a volume of 7016708 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about InnSuites Hospitality Trust [IHT]:
The Average True Range (ATR) for InnSuites Hospitality Trust is set at 0.28, with the Price to Sales ratio for IHT stock in the period of the last 12 months amounting to 4.35. The Price to Book ratio for the last quarter was 3.36, with the Price to Cash per share for the same quarter was set at 0.12.
IHT stock trade performance evaluation
InnSuites Hospitality Trust [IHT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 81.93. With this latest performance, IHT shares gained by 129.92% in over the last four-week period, additionally plugging by 267.04% over the last 6 months – not to mention a rise of 78.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IHT stock in for the last two-week period is set at 85.29, with the RSI for the last a single of trading hit 89.10, and the three-weeks RSI is set at 83.14 for InnSuites Hospitality Trust [IHT]. The present Moving Average for the last 50 days of trading for this stock 1.35, while it was recorded at 1.86 for the last single week of trading, and 1.17 for the last 200 days.
InnSuites Hospitality Trust [IHT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and InnSuites Hospitality Trust [IHT] shares currently have an operating margin of -24.28 and a Gross Margin at +32.58. InnSuites Hospitality Trust’s Net Margin is presently recorded at -26.52.
Return on Total Capital for IHT is now -10.23, given the latest momentum, and Return on Invested Capital for the company is -10.93. Return on Equity for this stock declined to -18.96, with Return on Assets sitting at -10.19. When it comes to the capital structure of this company, InnSuites Hospitality Trust [IHT] has a Total Debt to Total Equity ratio set at 118.96. Additionally, IHT Total Debt to Total Capital is recorded at 54.33, with Total Debt to Total Assets ending up at 57.03. Long-Term Debt to Equity for the company is recorded at 102.44, with the Long-Term Debt to Total Capital now at 46.79.
Reflecting on the efficiency of the workforce at the company, InnSuites Hospitality Trust [IHT] managed to generate an average of -$14,514 per employee. Receivables Turnover for the company is 1.56 with a Total Asset Turnover recorded at a value of 0.38.InnSuites Hospitality Trust’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
InnSuites Hospitality Trust [IHT]: Insider Ownership positions
There are presently around $0 million, or 0.50% of IHT stock, in the hands of institutional investors. The top three institutional holders of IHT stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 16,600, which is approximately 62.745% of the company’s market cap and around 65.31% of the total institutional ownership; CITADEL ADVISORS LLC, holding 10,194 shares of the stock with an approximate value of $30000.0 in IHT stocks shares; and UBS GROUP AG, currently with $27000.0 in IHT stock with ownership of nearly 123.25% of the company’s market capitalization.
Positions in InnSuites Hospitality Trust stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 2 institutional holders increased their position in InnSuites Hospitality Trust [AMEX:IHT] by around 11,489 shares. Additionally, 4 investors decreased positions by around 76,819 shares, while 3 investors held positions by with 50,898 shares. The mentioned changes placed institutional holdings at 37,410 shares, according to the latest SEC report filing. IHT stock had 0 new institutional investments in for a total of 0 shares, while 2 institutional investors sold positions of 70,672 shares during the same period.