Insider Buying: American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Acquires C$16,960.00 in Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Josef Vejvoda purchased 26,500 shares of American Hotel Income Properties REIT stock in a transaction on Monday, December 30th. The stock was bought at an average price of C$0.64 per share, with a total value of C$16,960.00.

American Hotel Income Properties REIT Stock Down 5.9 %

HOT.UN opened at C$0.64 on Friday. American Hotel Income Properties REIT LP has a fifty-two week low of C$0.39 and a fifty-two week high of C$0.95. 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 market cap of C$50.71 million, a price-to-earnings ratio of -0.40 and a beta of 2.21. The firm’s fifty day moving average is C$0.56 and its 200 day moving average is C$0.55.

Analysts Set New Price Targets

Separately, Scotiabank increased their target price 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.