Shares of American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Free Report) dropped 4.4% during mid-day trading on Tuesday . The company traded as low as $0.35 and last traded at $0.35. Approximately 12,000 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 27,040 shares. The stock had previously closed at $0.37.
American Hotel Income Properties REIT Stock Down 4.4 %
The stock has a 50 day moving average price of $0.47 and a 200-day moving average price of $0.41.
About American Hotel Income Properties REIT
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP’s portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.
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