American Hotel Income Properties REIT (OTCMKTS:AHOTF) Trading Down 7.4% – Here’s Why

American Hotel Income Properties REIT LP (OTCMKTS:AHOTFGet Free Report)’s share price traded down 7.4% during trading on Monday . The company traded as low as $0.32 and last traded at $0.32. 22,000 shares were traded during mid-day trading, a decline of 30% from the average session volume of 31,530 shares. The stock had previously closed at $0.34.

American Hotel Income Properties REIT Stock Down 7.4%

The stock has a fifty day moving average of $0.35 and a 200 day moving average of $0.40.

About American Hotel Income Properties REIT

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American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP’s portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.

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