American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Free Report) shares dropped 4.8% during mid-day trading on Wednesday. The stock traded as low as $0.3649 and last traded at $0.3649. Approximately 55,000 shares were traded during mid-day trading, an increase of 164% from the average daily volume of 20,809 shares. The stock had previously closed at $0.3831.
American Hotel Income Properties REIT Stock Performance
The firm’s fifty day moving average is $0.38 and its 200 day moving average is $0.38.
About American Hotel Income Properties REIT
American Hotel Income Properties REIT LP (OTCMKTS: AHOTF) is a Canadian real estate investment trust focused on owning and operating income-producing hotel properties in the United States. The company was established in 2012 and was headquartered in Vancouver, British Columbia.
AHIP’s portfolio historically consisted primarily of select-service and extended-stay hotels serving business, government and leisure travelers. Its properties operated under well-known hospitality brands, including brands affiliated with Marriott, Hilton, IHG, Wyndham, Choice Hotels and Sonesta.
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