Insider Buying: American Hotel Income Properties REIT LP (TSE:HOT.UN) Senior Officer Purchases 40,000 Shares of Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report) Senior Officer Bruce Douglas Pittet purchased 40,000 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were purchased at an average price of C$0.50 per share, with a total value of C$20,141.28.

American Hotel Income Properties REIT Stock Down 2.0 %

American Hotel Income Properties REIT stock opened at C$0.49 on Thursday. American Hotel Income Properties REIT LP has a fifty-two week low of C$0.39 and a fifty-two week high of C$0.95. The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44. The firm has a 50 day moving average price of C$0.61 and a 200 day moving average price of C$0.55. The company has a market capitalization of C$38.82 million, a PE ratio of -0.31 and a beta of 2.21.

Analyst Upgrades and Downgrades

Separately, 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.

Read Our Latest Stock Report on American Hotel Income Properties REIT

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.

Further Reading

Insider Buying and Selling by Quarter for American Hotel Income Properties REIT (TSE:HOT.UN)

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