Tag: Income Opportunity Realty Trust

  • Financial Sector Gainers: Supertel Hospitality Inc (NASDAQ:SPPR), Sun Bancorp, (NASDAQ:SNBC), Income Opportunity (NYSEMKT:IOT), Harris & Harris Group (NASDAQ:TINY)

    Supertel Hospitality, Inc. (NASDAQ:SPPR), a real estate investment trust (REIT), today announced its results for the fourth quarter and year ended December 31, 2013. Supertel Hospitality Inc (NASDAQ:SPPR) shares after opening at $1.95 moved to $2.17 on last trade day and at the end of the day closed at $ 2.13. Company price to sales ratio in past twelve months was calculated as 0.10 and price to cash ratio as 20.64. Supertel Hospitality Inc (NASDAQ:SPPR) showed a positive weekly performance of 31.35%.

    Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) announced that the Company and its wholly owned subsidiary, Sun National Bank (the “Bank”), have agreed to hire Thomas M. O’Brien as the President and Chief Executive Officer of the Company and the Bank, subject to prior receipt of regulatory non-objection from the Federal Reserve Board and the Office of the Comptroller of the Currency. Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) shares advanced 11.17% in last trading session and ended the day on $3.88. SNBC return on equity ratio is recorded as -3.90 % and its return on assets is -0.30%. Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) yearly performance is 25.57%.

    Income Opportunity Realty Investors, Inc. (NYSEMKT:IOT), a Dallas-based real estate investment company, reported results of operations for the fourth quarter ended December 31, 2013. The Company reported net income of $3.6 million or $0.85 per share for the period ended December 31, 2013, as compared to net loss of $0.3 million or $0.08 per share for the same period ended 2012. Income Opportunity Realty Trust (NYSEMKT:IOT) shares moved up 10.11% in last trading session and was closed at $7.41 while trading in range of $6.71 – $7.70 – Income Opportunity Realty Trust (NYSEMKT:IOT) year to date (YTD) performance is 48.50%.

    Harris & Harris Group, Inc. (NASDAQ:TINY) announced that it has initiated a series of detailed blog postings that will provide current and future investors an opportunity to take a deeper look into the potentially most impactful companies in its portfolio. Harris & Harris Group, Inc. (NASDAQ:TINY) weekly performance is 7.89%. On last trading day company shares ended up $ 3.83. Harris & Harris Group, Inc. (NASDAQ:TINY) distance from 50-day simple moving average (SMA50) is 19.88%. Analysts mean target price for the company is $4.25.