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 purchased 200,000 shares of the stock in a transaction dated Thursday, September 19th. The shares were acquired at an average price of C$0.59 per share, with a total value of C$118,520.00.

American Hotel Income Properties REIT Price Performance

Shares of TSE HOT.UN traded up C$0.03 during trading on Friday, reaching C$0.65. The company had a trading volume of 123,640 shares, compared to its average volume of 69,904. The stock has a 50-day moving average price of C$0.48 and a two-hundred day moving average price of C$0.55. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63. The stock has a market capitalization of C$51.50 million, a PE ratio of -0.39 and a beta of 2.15. American Hotel Income Properties REIT LP has a twelve month low of C$0.39 and a twelve month high of C$2.02.

Analyst Upgrades and Downgrades

Separately, CIBC dropped their price objective on shares of 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.