American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Acquires C$68,760.00 in Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director John Christopher O’neill purchased 100,000 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were purchased at an average cost of C$0.69 per share, for a total transaction of C$68,760.00.

John Christopher O’neill also recently made the following trade(s):

• On Thursday, September 19th, John Christopher O’neill bought 200,000 shares of American Hotel Income Properties REIT stock. The stock was 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 Stock Up 2.9 %

Shares of HOT.UN stock traded up C$0.02 on Friday, reaching C$0.70. 38,614 shares of the company were exchanged, compared to its average volume of 70,078. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36. The company has a 50-day moving average of C$0.50 and a 200-day moving average of C$0.55. The company has a market cap of C$55.46 million, a price-to-earnings ratio of -0.43 and a beta of 2.15. American Hotel Income Properties REIT LP has a one year low of C$0.39 and a one year high of C$1.84.

Wall Street Analysts Forecast Growth

Separately, CIBC reduced 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.

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.