James Wirth Sells 10,000 Shares of InnSuites Hospitality Trust (NYSE:IHT) Stock

InnSuites Hospitality Trust (NYSE:IHT) CEO James Wirth sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $1.51, for a total value of $15,100.00. Following the sale, the chief executive officer owned 6,104,296 shares of the company’s stock, valued at approximately $9,217,486.96. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

InnSuites Hospitality Trust Trading Up 0.7%

InnSuites Hospitality Trust stock traded up $0.01 during midday trading on Friday, reaching $1.48. The stock had a trading volume of 6,923 shares, compared to its average volume of 183,383. The stock’s 50-day simple moving average is $1.75 and its 200 day simple moving average is $2.07. InnSuites Hospitality Trust has a twelve month low of $1.37 and a twelve month high of $4.24. The company has a debt-to-equity ratio of 5.82, a quick ratio of 1.62 and a current ratio of 1.62. The stock has a market capitalization of $13.01 million, a PE ratio of -14.80 and a beta of 0.06.

About InnSuites Hospitality Trust

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.