American Hotel Income Properties REIT (TSE:HOT.UN) Announces Earnings Results

American Hotel Income Properties REIT (TSE:HOT.UN) released its earnings results on Tuesday. The company reported C($0.27) EPS for the quarter, reports. 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$52.59 million for the quarter.

American Hotel Income Properties REIT Stock Performance

Shares of American Hotel Income Properties REIT stock opened at C$0.47 on Tuesday. The stock’s fifty day simple moving average is C$0.47 and its 200 day simple moving average is C$0.42. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63. The company has a market capitalization of C$33.83 million, a PE ratio of -0.41 and a beta of -0.97. American Hotel Income Properties REIT has a 12 month low of C$0.26 and a 12 month high of C$0.63.

About American Hotel Income Properties REIT

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. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.