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

by · The Markets Daily

American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report)’s stock price was up 20% on Tuesday . The company traded as high as C$0.37 and last traded at C$0.36. Approximately 335,536 shares traded hands during trading, an increase of 525% from the average daily 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 50 day simple moving average of C$0.36 and a two-hundred day simple moving average of C$0.42. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63. The company has a market capitalization of C$26.96 million, a PE ratio of -0.31 and a beta of -0.82.

American Hotel Income Properties REIT (TSE:HOT.UN – Get Free Report) last issued its earnings results on Friday, November 7th. The company reported C($0.34) earnings per share (EPS) for the quarter. The business 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%. Research analysts expect that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current year.

American Hotel Income Properties REIT Company Profile

(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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