American Hotel Income Properties REIT (TSE:HOT.UN) Trading 20% Higher – Should You Buy?

American Hotel Income Properties REIT LP (TSE:HOT.UN)’s share price traded up 20% during trading on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.36. 322,536 shares traded hands during trading, an increase of 502% from the average session volume of 53,592 shares. The stock had previously closed at C$0.30.

American Hotel Income Properties REIT Price Performance

The firm has a fifty day moving average of C$0.36 and a two-hundred day moving average of C$0.42. The stock has a market capitalization of C$24.34 million, a P/E ratio of -0.28 and a beta of -0.82. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36.

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. The business had revenue of C$66.24 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%. On average, analysts predict 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.