American Hotel Income Properties REIT (TSE:HOT.UN) Releases Earnings Results

American Hotel Income Properties REIT (TSE:HOT.UN) released its earnings results on Friday. The company reported C($0.20) earnings per share for the quarter, FiscalAI reports. American Hotel Income Properties REIT had a negative net margin of 34.67% and a negative return on equity of 34.11%. The company had revenue of C$39.83 million for the quarter.

American Hotel Income Properties REIT Trading Down 1.9%

TSE HOT.UN traded down C$0.01 on Friday, hitting C$0.52. 179,556 shares of the stock were exchanged, compared to its average volume of 64,210. The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44. The stock has a fifty day moving average price of C$0.54 and a two-hundred day moving average price of C$0.52. The firm has a market capitalization of C$37.12 million, a P/E ratio of -0.71 and a beta of -1.93. American Hotel Income Properties REIT has a 52-week low of C$0.26 and a 52-week high of C$0.69.

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.