American Hotel Income Properties REIT (TSE:HOT.UN) Stock Price Up 13.8% – Still a Buy?

American Hotel Income Properties REIT LP (TSE:HOT.UN)’s share price rose 13.8% during trading on Monday . The company traded as high as C$0.55 and last traded at C$0.54. Approximately 249,503 shares changed hands during trading, an increase of 301% from the average daily volume of 62,221 shares. The stock had previously closed at C$0.47.

American Hotel Income Properties REIT Stock Down 1.9%

The business has a fifty day moving average of C$0.47 and a 200 day moving average of C$0.43. The company has a market capitalization of C$37.35 million, a PE ratio of -0.54 and a beta of -0.93. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63.

American Hotel Income Properties REIT (TSE:HOT.UN) last announced its earnings results on Tuesday, March 31st. The company reported C($0.27) EPS for the quarter. American Hotel Income Properties REIT had a negative net margin of 34.67% and a negative return on equity of 34.11%. The firm had revenue of C$52.59 million for the quarter. Equities research analysts anticipate that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current year.

About American Hotel Income Properties REIT

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.