American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.12 and last traded at C$0.53, with a volume of 90,500 shares. The stock had previously closed at C$0.54.
American Hotel Income Properties REIT Trading Down 1.9%
The business has a 50-day moving average price of C$0.54 and a two-hundred day moving average price of C$0.52. The stock has a market capitalization of C$37.83 million, a P/E ratio of -0.73 and a beta of -1.93. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63.
American Hotel Income Properties REIT Company Profile
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.
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