InnSuites Hospitality Trust [IHT] is 425.00% higher this YTD. Is it still time to buy?

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InnSuites Hospitality Trust [AMEX: IHT] surged by $3.04 during the normal trading session on Tuesday and reaching a high of $14.77 during the day while it closed the day at $11.55. The company report on May 17, 2021 that IHT FISCAL YEAR 2021 RESULTS; UNIGEN CLEAN ENERGY DIVERSIFICATION PROGRESS.

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InnSuites Hospitality Trust (NYSE American: IHT) reported Fiscal 2021 revenues of approximately $4.203 million for the Fiscal Year Ended January 31, 2021 compared to revenues of approximately $6.568 million for the same prior year period. Basic earnings per share for Fiscal Year ended January 31, 2021 was ($0.31) compared with ($0.21) for the Fiscal Year ended January 31, 2020. This decline was largely attributable to the negative impact of the Covid-19 virus pandemic. Economic conditions improved for the Trust, however, in Q4 compared to Q3 of Fiscal Year 2021. Fiscal 2021 fourth quarter revenues remained approximately flat for the three-month period of November 1, 2020 to January 31, 2021, compared to revenues for Q3 of Fiscal Year 2021.

A number of areas of our hotel operations are off to a solid start in the current 2022 Fiscal Year, ending January 31, 2022.

InnSuites Hospitality Trust stock has also gained 65.00% of its value over the past 7 days. However, IHT stock has inclined by 330.97% in the 3 months of the year. Over the past six months meanwhile, it has gained 391.49% and gained 425.00% year-on date.

The market cap for IHT stock reached $95.63 million, with 9.07 million shares outstanding and 2.74 million shares in the current float. Compared to the average trading volume of 4.57M shares, IHT reached a trading volume of 12990080 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 1.94, with the Price to Sales ratio for IHT stock in the period of the last 12 months amounting to 22.77. The Price to Book ratio for the last quarter was 17.24.

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 65.00. With this latest performance, IHT shares gained by 230.00% in over the last four-week period, additionally plugging by 391.49% over the last 6 months – not to mention a rise of 1275.16% 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 75.13, with the RSI for the last a single of trading hit 77.78, and the three-weeks RSI is set at 73.54 for InnSuites Hospitality Trust [IHT]. The present Moving Average for the last 50 days of trading for this stock 4.31, while it was recorded at 8.83 for the last single week of trading, and 2.63 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 -83.74 and a Gross Margin at -13.83. InnSuites Hospitality Trust’s Net Margin is presently recorded at -48.41.

Return on Total Capital for IHT is now -19.29, given the latest momentum, and Return on Invested Capital for the company is -9.76. Return on Equity for this stock declined to -22.83, with Return on Assets sitting at -10.04. When it comes to the capital structure of this company, InnSuites Hospitality Trust [IHT] has a Total Debt to Total Equity ratio set at 181.10. Additionally, IHT Total Debt to Total Capital is recorded at 64.43, with Total Debt to Total Assets ending up at 71.66. Long-Term Debt to Equity for the company is recorded at 176.14, with the Long-Term Debt to Total Capital now at 62.66.

Receivables Turnover for the company is 0.98 with a Total Asset Turnover recorded at a value of 0.21.InnSuites Hospitality Trust’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

InnSuites Hospitality Trust [IHT]: Insider Ownership positions

There are presently around $2 million, or 1.90% of IHT stock, in the hands of institutional investors. The top three institutional holders of IHT stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 99,360, which is approximately 179.101% of the company’s market cap and around 69.03% of the total institutional ownership; SPIRE WEALTH MANAGEMENT, holding 27,581 shares of the stock with an approximate value of $0.32 million in IHT stocks shares; and CITADEL ADVISORS LLC, currently with $0.26 million in IHT stock with ownership of nearly New of the company’s market capitalization.

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Positions in InnSuites Hospitality Trust stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 8 institutional holders increased their position in InnSuites Hospitality Trust [AMEX:IHT] by around 115,863 shares. Additionally, 0 investors decreased positions by around 0 shares, while 1 investors held positions by with 38,090 shares. The mentioned changes placed institutional holdings at 153,953 shares, according to the latest SEC report filing. IHT stock had 5 new institutional investments in for a total of 51,641 shares, while 0 institutional investors sold positions of 0 shares during the same period.

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