American Hotel Income Properties REIT LP (TSE:HOT.UN - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.57 and traded as high as C$0.73. American Hotel Income Properties REIT shares last traded at C$0.73, with a volume of 65,813 shares.
Separately, Scotiabank raised their target price 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 Analysis on HOT.UN
The firm has a market capitalization of C$57.84 million, a PE ratio of -0.46 and a beta of 2.21. The company has a fifty day moving average price of C$0.59 and a 200-day moving average price of C$0.57. The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44.
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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