American Hotel Income Properties REIT (TSE:HOT.UN) Shares Cross Above 200 Day Moving Average – What’s Next?

American Hotel Income Properties REIT LP (TSE:HOT.UN)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.41 and traded as high as C$0.49. American Hotel Income Properties REIT shares last traded at C$0.49, with a volume of 4,562 shares trading hands.

American Hotel Income Properties REIT Price Performance

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 stock has a fifty day simple moving average of C$0.41 and a 200-day simple moving average of C$0.41. The stock has a market cap of C$35.27 million, a price-to-earnings ratio of -0.42 and a beta of -0.91.

American Hotel Income Properties REIT (TSE:HOT.UN) last announced its earnings results on Friday, November 7th. The company reported C($0.34) earnings per share (EPS) for the quarter. The company had revenue of C$66.24 million for the quarter. American Hotel Income Properties REIT had a negative return on equity of 34.11% and a negative net margin of 34.67%. As a group, equities research analysts expect that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current year.

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.