Josef Vejvoda Buys 26,500 Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) Stock

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

American Hotel Income Properties REIT Stock Up 9.7 %

Shares of American Hotel Income Properties REIT stock opened at C$0.68 on Thursday. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36. American Hotel Income Properties REIT LP has a 1-year low of C$0.39 and a 1-year high of C$0.95. The business’s fifty day moving average price is C$0.56 and its two-hundred day moving average price is C$0.55. The company has a market capitalization of C$53.88 million, a P/E ratio of -0.43 and a beta of 2.21.

Wall Street Analyst Weigh In

Separately, Scotiabank raised their price target on shares of American Hotel Income Properties REIT from C$0.60 to C$0.80 in a research note on Tuesday, November 12th.

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.