American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Josef Vejvoda Purchases 26,500 Shares

American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report) Director Josef Vejvoda acquired 26,500 shares of the firm's stock in a transaction on Monday, December 30th. The stock was purchased at an average price of C$0.64 per share, with a total value of C$16,960.00.

American Hotel Income Properties REIT Stock Performance

Shares of TSE:HOT.UN traded up C$0.06 during trading on Tuesday, hitting C$0.68. The company's stock had a trading volume of 245,670 shares, compared to its average volume of 74,683. The company has a 50-day moving average of C$0.56 and a 200-day moving average of C$0.55. The firm has a market cap of C$53.88 million, a price-to-earnings ratio of -0.43 and a beta of 2.21. American Hotel Income Properties REIT LP has a 12 month low of C$0.39 and a 12 month high of C$0.95. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36.

Wall Street Analyst Weigh In

Separately, Scotiabank upped their target price on American Hotel Income Properties REIT from C$0.60 to C$0.80 in a research note on Tuesday, November 12th.

About American Hotel Income Properties REIT

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.