Insider Buying: American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Acquires 100,000 Shares of Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director John Christopher O’neill purchased 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The stock was bought at an average price of C$0.69 per share, for a total transaction of C$68,760.00.

John Christopher O’neill also recently made the following trade(s):

• On Thursday, September 19th, John Christopher O’neill bought 200,000 shares of American Hotel Income Properties REIT stock. The stock was purchased at an average cost of C$0.59 per share, for a total transaction of C$118,520.00.

American Hotel Income Properties REIT Price Performance

HOT.UN traded up C$0.02 on Friday, reaching C$0.70. The stock had a trading volume of 38,614 shares, compared to its average volume of 70,078. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63. The company has a market capitalization of C$55.46 million, a price-to-earnings ratio of -0.43 and a beta of 2.15. American Hotel Income Properties REIT LP has a fifty-two week low of C$0.39 and a fifty-two week high of C$1.84. The firm has a 50-day moving average of C$0.50 and a 200-day moving average of C$0.55.

Analyst Upgrades and Downgrades

Separately, CIBC cut their target price on American Hotel Income Properties REIT from C$0.40 to C$0.33 in a research note on Thursday, August 8th.

American Hotel Income Properties REIT Company Profile

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 112 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand.