American Hotel Income Properties REIT (TSE:HOT.UN) Trading Up 37.5% – What’s Next?

American Hotel Income Properties REIT LP (TSE:HOT.UN)’s stock price rose 37.5% during mid-day trading on Monday . The company traded as high as C$0.55 and last traded at C$0.55. Approximately 534,228 shares traded hands during mid-day trading, an increase of 761% from the average daily volume of 62,063 shares. The stock had previously closed at C$0.40.

American Hotel Income Properties REIT Trading Down 5.9%

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 fifty day moving average of C$0.35 and a two-hundred day moving average of C$0.40. The stock has a market capitalization of C$35.94 million, a price-to-earnings ratio of -0.41 and a beta of -0.90.

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 (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, research analysts expect that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current 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.