American Hotel Income Properties REIT LP (TSE:HOT.UN) Senior Officer Acquires C$11,200.00 in Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report) Senior Officer Jonathan Bruce Korol bought 20,000 shares of the company's stock in a transaction on Thursday, December 5th. The stock was bought at an average cost of C$0.56 per share, with a total value of C$11,200.00.

American Hotel Income Properties REIT Stock Performance

Shares of TSE:HOT.UN opened at C$0.53 on Friday. The stock has a market capitalization of C$41.99 million, a P/E ratio of -0.33 and a beta of 2.21. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63. 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 has a 50-day moving average price of C$0.62 and a two-hundred day moving average price of C$0.55.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HOT.UN. Scotiabank raised their price target on shares of American Hotel Income Properties REIT from C$0.60 to C$0.80 in a report on Tuesday, November 12th. CIBC decreased their price objective on American Hotel Income Properties REIT from C$0.40 to C$0.33 in a research report on Thursday, August 8th.

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American Hotel Income Properties REIT Company Profile

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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.

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