American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report)’s stock price traded down 5.7% during mid-day trading on Friday . The company traded as low as C$0.49 and last traded at C$0.50. 106,840 shares were traded during trading, an increase of 59% from the average session volume of 67,112 shares. The stock had previously closed at C$0.53.
American Hotel Income Properties REIT Stock Performance
The company has a market cap of C$39.58 million, a PE ratio of -0.39 and a beta of 2.16. The company has a current ratio of 0.56, a quick ratio of 0.36 and a debt-to-equity ratio of 277.17. The business has a fifty day moving average of C$0.54 and a 200-day moving average of C$0.68.
About American Hotel Income Properties REIT
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 112 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand.
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