Market cap of Innsuites Hospitality Trust [IHT] reaches 29.08M – now what?

Caleb Clifford

Innsuites Hospitality Trust [AMEX: IHT] surged by $1.32 during the normal trading session on Monday and reaching a high of $4.24 during the day while it closed the day at $3.32.

Innsuites Hospitality Trust stock has also gained 81.50% of its value over the past 7 days. However, IHT stock has inclined by 48.21% in the 3 months of the year. Over the past six months meanwhile, it has gained 26.72% and gained 100.00% year-on date.

The market cap for IHT stock reached $29.08 million, with 8.79 million shares outstanding and 2.09 million shares in the current float. Compared to the average trading volume of 16.47K shares, IHT reached a trading volume of 28797907 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 Price to Book ratio for the last quarter was 7.36, with the Price to Cash per share for the same quarter was set at 0.02.

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 81.50. With this latest performance, IHT shares gained by 66.00% in over the last four-week period, additionally plugging by 26.72% over the last 6 months – not to mention a rise of 53.65% in the past year of trading.

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 -8.52% and a Gross Margin at 25.66%. Innsuites Hospitality Trust’s Net Margin is presently recorded at -18.33%.

Innsuites Hospitality Trust (IHT) Capital Structure & Debt Analysis

According to recent financial data for Innsuites Hospitality Trust. ( IHT), the Return on Equity (ROE) stands at -28.89%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -9.34%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Innsuites Hospitality Trust’s Return on Invested Capital (ROIC) is -8.28%, showcasing its effectiveness in deploying capital for earnings.

Innsuites Hospitality Trust (IHT) Efficiency & Liquidity Metrics

Based on Innsuites Hospitality Trust’s (IHT) latest financial statements, the Debt-to-Equity Ratio is 3.37%, indicating its reliance on debt financing relative to shareholder equity.

Innsuites Hospitality Trust (IHT) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Innsuites Hospitality Trust. (IHT) effectively leverages its workforce, generating an average of -$17341.77 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.17% and a Quick Ratio of 1.17%, indicating strong ability to cover short-term liabilities.

Innsuites Hospitality Trust [IHT]: Institutional Ownership

There are presently around $2.75%, or 11.55%% of IHT stock, in the hands of institutional investors. The top three institutional holders of IHT stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 0.11 million shares, which is approximately 1.2662%. VANGUARD GROUP INC, holding 51409.0 shares of the stock with an approximate value of $$91508.0 in IHT stocks shares; and VANGUARD GROUP INC, currently with $$48000.0 in IHT stock with ownership which is approximately 0.3081%.

DBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.