American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report) shares traded up 14.5% during trading on Tuesday . The company traded as high as C$0.72 and last traded at C$0.71. 152,171 shares traded hands during trading, an increase of 106% from the average session volume of 73,712 shares. The stock had previously closed at C$0.62.
Wall Street Analyst Weigh In
Separately, Scotiabank lifted their target price on shares of American Hotel Income Properties REIT from C$0.60 to C$0.80 in a research report on Tuesday, November 12th.
View Our Latest Stock Report on American Hotel Income Properties REIT
American Hotel Income Properties REIT Stock Up 9.7 %
The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36. The stock has a market cap of C$53.88 million, a price-to-earnings ratio of -0.43 and a beta of 2.21. The firm's 50-day moving average is C$0.56 and its 200 day moving average is C$0.55.
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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