American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report)’s stock price shot up 19.6% during trading on Thursday . The company traded as high as C$0.67 and last traded at C$0.67. Approximately 506,514 shares were traded during trading, an increase of 714% from the average daily volume of 62,248 shares. The stock had previously closed at C$0.56.
American Hotel Income Properties REIT Stock Up 16.1%
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$46.40 million, a PE ratio of -0.89 and a beta of -1.07. The business has a fifty day moving average of C$0.54 and a 200-day moving average of C$0.52.
American Hotel Income Properties REIT (TSE:HOT.UN – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$44.18 million 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%. Equities research analysts anticipate that American Hotel Income Properties REIT LP will post 0.0406452 earnings per share for the current year.
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.
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