American Hotel Income Properties REIT (TSE:HOT.UN) Trading 20% Higher – Still a Buy?

by · The Cerbat Gem

American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report)’s stock price traded up 20% during trading on Tuesday . The company traded as high as C$0.37 and last traded at C$0.36. 335,536 shares traded hands during trading, an increase of 525% from the average session volume of 53,673 shares. The stock had previously closed at C$0.30.

American Hotel Income Properties REIT Stock Up 20.0%

The firm has a market capitalization of C$26.96 million, a P/E ratio of -0.31 and a beta of -0.82. The firm’s 50-day moving average is C$0.36 and its 200 day moving average is C$0.42. The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44.

American Hotel Income Properties REIT (TSE:HOT.UN – Get Free Report) last posted its quarterly earnings data on Friday, November 7th. The company reported C($0.34) earnings per share for the quarter. The firm had revenue of C$66.24 million for the quarter. American Hotel Income Properties REIT had a negative return on equity of 34.11% and a negative net margin of 34.67%. As a group, equities research analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current fiscal year.

About American Hotel Income Properties REIT

(Get Free Report)

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.

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