American Hotel Income Properties REIT (TSE:HOT.UN) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

American Hotel Income Properties REIT LP (TSE:HOT.UN) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.43 and traded as low as C$0.27. American Hotel Income Properties REIT shares last traded at C$0.29, with a volume of 128,673 shares changing hands.

American Hotel Income Properties REIT Stock Performance

The firm has a fifty day moving average of C$0.37 and a 200-day moving average of C$0.43. The firm has a market cap of C$21.80 million, a P/E ratio of -0.25 and a beta of -0.82. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 276.63.

American Hotel Income Properties REIT (TSE:HOT.UN) last announced its quarterly earnings data on Friday, November 7th. The company reported C($0.34) earnings per share for the quarter. The firm had revenue of C$66.24 million for the quarter. American Hotel Income Properties REIT had a negative return on equity of 34.11% and a negative net margin of 34.67%. Research analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 earnings per share for the current fiscal year.

About American Hotel Income Properties REIT

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company’s primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue.