American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Acquires C$118,520.00 in Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director John Christopher O’neill acquired 200,000 shares of the stock in a transaction dated Thursday, September 19th. The shares were bought at an average price of C$0.59 per share, with a total value of C$118,520.00.

American Hotel Income Properties REIT Stock Performance

HOT.UN opened at C$0.63 on Monday. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63. American Hotel Income Properties REIT LP has a 12-month low of C$0.39 and a 12-month high of C$2.02. The firm has a 50 day moving average of C$0.48 and a two-hundred day moving average of C$0.55. The firm has a market capitalization of C$49.91 million, a PE ratio of -0.39 and a beta of 2.15.

Wall Street Analyst Weigh In

Separately, CIBC lowered their price target on American Hotel Income Properties REIT from C$0.40 to C$0.33 in a research report on Thursday, August 8th.

American Hotel Income Properties REIT Company Profile

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.