American Hotel Income Properties REIT (TSE:HOT.UN) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

American Hotel Income Properties REIT LP (TSE:HOT.UN) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.45 and traded as high as C$0.50. American Hotel Income Properties REIT shares last traded at C$0.49, with a volume of 21,138 shares trading hands.

American Hotel Income Properties REIT Price Performance

The stock has a fifty day moving average of C$0.49 and a 200-day moving average of C$0.45. 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 stock has a market capitalization of C$34.80 million, a price-to-earnings ratio of -0.58 and a beta of -1.01.

American Hotel Income Properties REIT (TSE:HOT.UN) last announced its quarterly earnings results on Friday, May 15th. The company reported C($0.22) earnings per share (EPS) for the quarter. The business had revenue of C$50.56 million during the quarter. American Hotel Income Properties REIT had a negative net margin of 34.67% and a negative return on equity of 34.11%. On average, equities research 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. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.