American Hotel Income Properties REIT (TSE:HOT.UN) Trading Up 8.3% – Still a Buy?

American Hotel Income Properties REIT LP (TSE:HOT.UN) was up 8.3% on Tuesday . The company traded as high as C$0.35 and last traded at C$0.33. Approximately 114,290 shares changed hands during mid-day trading, an increase of 118% from the average daily volume of 52,438 shares. The stock had previously closed at C$0.30.

American Hotel Income Properties REIT Trading Up 10.0%

The firm has a market capitalization of C$24.71 million, a PE ratio of -0.28 and a beta of -0.82. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36. The company has a fifty day moving average of C$0.36 and a 200-day moving average 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. American Hotel Income Properties REIT had a negative net margin of 34.67% and a negative return on equity of 34.11%. The firm had revenue of C$66.24 million during the quarter. On average, sell-side analysts anticipate 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.