American Hotel Income Properties REIT (TSE:HOT.UN) Stock Price Up 20% – Time to Buy?

Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) were up 20% on Tuesday . The company traded as high as C$0.37 and last traded at C$0.36. Approximately 335,536 shares traded hands during trading, an increase of 525% from the average daily volume of 53,673 shares. The stock had previously closed at C$0.30.

American Hotel Income Properties REIT Stock Up 20.0%

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 cap of C$26.96 million, a price-to-earnings ratio of -0.31 and a beta of -0.82. The firm has a 50 day moving average price of C$0.36 and a 200-day moving average price of C$0.42.

American Hotel Income Properties REIT (TSE:HOT.UN) last issued its earnings results on Friday, November 7th. The company reported C($0.34) earnings per share (EPS) for the quarter. American Hotel Income Properties REIT had a negative net margin of 34.67% and a negative return on equity of 34.11%. The business had revenue of C$66.24 million during the quarter. As a group, equities analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current fiscal 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.