American Hotel Income Properties REIT (TSE:HOT.UN) Stock Price Up 20% – What’s Next?

American Hotel Income Properties REIT LP (TSE:HOT.UN) shot up 20% on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.36. 335,536 shares traded hands during mid-day trading, an increase of 525% from the average session volume of 53,673 shares. The stock had previously closed at C$0.30.

American Hotel Income Properties REIT Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 276.63. The company has a market capitalization of C$25.09 million, a PE ratio of -0.29 and a beta of -0.82. The company has a 50-day moving average price of C$0.36 and a two-hundred day moving average price of C$0.42.

American Hotel Income Properties REIT (TSE:HOT.UN) last issued its earnings results on Friday, November 7th. The company reported C($0.34) EPS for the quarter. The company had revenue of C$66.24 million during the quarter. American Hotel Income Properties REIT had a negative return on equity of 34.11% and a negative net margin of 34.67%. Analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 EPS 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.