American Hotel Income Properties REIT (TSE:HOT.UN) Shares Up 18.3% – What’s Next?

American Hotel Income Properties REIT LP (TSE:HOT.UN) shares traded up 18.3% during trading on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.36. 302,035 shares were traded during trading, an increase of 466% from the average session volume of 53,369 shares. The stock had previously closed at C$0.30.

American Hotel Income Properties REIT Price Performance

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 firm has a market capitalization of C$26.96 million, a price-to-earnings ratio of -0.31 and a beta of -0.82. The stock has a 50 day moving average price of C$0.36 and a two-hundred day moving average price of C$0.42.

American Hotel Income Properties REIT (TSE:HOT.UN) last announced its earnings results on Friday, November 7th. The company reported C($0.34) earnings per share 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%.The business had revenue of C$66.24 million for the quarter. As a group, 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

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.