Temple Hotels (TSE:TPH) Stock Price Up 0.2% – Still a Buy?

Temple Hotels Inc (TSE:TPH) shot up 0.2% during trading on Monday . The stock traded as high as C$2.10 and last traded at C$2.10. 1,200 shares were traded during mid-day trading, a decline of 87% from the average session volume of 8,941 shares. The stock had previously closed at C$2.10.

Temple Hotels Stock Up 0.2 %

The company has a debt-to-equity ratio of 1,313.58, a quick ratio of 0.16 and a current ratio of 0.16. The company’s 50 day moving average is C$2.10. The stock has a market cap of C$157.63 million and a P/E ratio of -1.87.

About Temple Hotels

Temple is a growth oriented hotel investment company with hotel properties located across Canada. Temple is listed on the Toronto Stock Exchange under the symbols TPH (common shares) and TPH.DB.E (convertible debentures). The primary long-term investment objectives of the Company are to yield stable and growing cash flows and to maximize the long-term share value of the Company through the active management of its assets, accretive acquisitions, and the performance of value-added capital improvement programs on selected properties, as deemed appropriate.