American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report) Director Josef Vejvoda bought 26,500 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average cost of C$0.64 per share, with a total value of C$16,960.00.
American Hotel Income Properties REIT Price Performance
Shares of TSE:HOT.UN opened at C$0.68 on Thursday. The company has a market capitalization of C$53.88 million, a PE ratio of -0.43 and a beta of 2.21. The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44. The stock has a fifty day moving average of C$0.56 and a 200-day moving average of C$0.55. American Hotel Income Properties REIT LP has a one year low of C$0.39 and a one year high of C$0.95.
Analyst Ratings Changes
Separately, Scotiabank upped their price target on shares of American Hotel Income Properties REIT from C$0.60 to C$0.80 in a report on Tuesday, November 12th.
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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