Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.57 and traded as high as C$0.73. American Hotel Income Properties REIT shares last traded at C$0.73, with a volume of 65,813 shares trading hands.
Analysts Set New Price Targets
Separately, Scotiabank raised their target price on shares of American Hotel Income Properties REIT from C$0.60 to C$0.80 in a report on Tuesday, November 12th.
Read Our Latest Stock Analysis on HOT.UN
American Hotel Income Properties REIT Stock Performance
The firm has a market capitalization of C$55.46 million, a PE ratio of -0.44 and a beta of 2.21. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 276.63. The company's 50-day simple moving average is C$0.60 and its 200 day simple moving average is C$0.58.
About American Hotel Income Properties REIT
(
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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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