American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.60 and traded as high as C$0.68. American Hotel Income Properties REIT shares last traded at C$0.65, with a volume of 36,401 shares changing hands.
Analysts Set New Price Targets
Separately, Scotiabank lifted their price objective on shares of American Hotel Income Properties REIT from C$0.60 to C$0.80 in a report on Tuesday, November 12th.
Check Out Our Latest Report on HOT.UN
American Hotel Income Properties REIT Trading Up 8.5 %
The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44. The company has a 50 day moving average of C$0.66 and a two-hundred day moving average of C$0.60. The stock has a market cap of C$50.71 million, a PE ratio of -0.40 and a beta of 2.21.
American Hotel Income Properties REIT Company Profile
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American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 112 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand.
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