American Hotel Income Properties REIT (OTCMKTS:AHOTF) Stock Price Down 3.1% – Here’s Why

American Hotel Income Properties REIT LP (OTCMKTS:AHOTFGet Free Report)’s stock price fell 3.1% on Friday . The company traded as low as $0.2434 and last traded at $0.2434. 8,000 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 23,894 shares. The stock had previously closed at $0.2513.

American Hotel Income Properties REIT Price Performance

The business has a 50-day simple moving average of $0.29 and a two-hundred day simple moving average of $0.32.

American Hotel Income Properties REIT Company Profile

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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.

Further Reading

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