American Hotel Income Properties REIT (TSE:HOT.UN) Issues Quarterly Earnings Results

by · The Cerbat Gem

American Hotel Income Properties REIT (TSE:HOT.UN – Get Free Report) issued its earnings results on Wednesday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. American Hotel Income Properties REIT had a negative net margin of 34.67% and a negative return on equity of 34.11%. The company had revenue of C$44.18 million during the quarter.

American Hotel Income Properties REIT Price Performance

Shares of HOT.UN remained flat at C$0.51 on Wednesday. The company had a trading volume of 34,088 shares, compared to its average volume of 62,957. American Hotel Income Properties REIT has a 1-year low of C$0.26 and a 1-year high of C$0.62. The stock has a market cap of C$36.59 million, a price-to-earnings ratio of -0.61 and a beta of -1.06. The company’s fifty day moving average is C$0.54 and its 200-day moving average is C$0.50. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36.

About American Hotel Income Properties REIT

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American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company’s primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

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