American Hotel Income Properties REIT (TSE:HOT.UN) Stock Price Down 7.4% – Time to Sell?

American Hotel Income Properties REIT LP (TSE:HOT.UN) was down 7.4% on Friday. The company traded as low as C$0.63 and last traded at C$0.63. Approximately 183,295 shares changed hands during trading, an increase of 176% from the average session volume of 66,304 shares. The stock had previously closed at C$0.68.

American Hotel Income Properties REIT Stock Down 17.6%

The company has a debt-to-equity ratio of 276.63, a quick ratio of 0.36 and a current ratio of 0.44. The firm has a fifty day simple moving average of C$0.54 and a 200-day simple moving average of C$0.52. The firm has a market cap of C$39.97 million, a price-to-earnings ratio of -0.77 and a beta of -1.07.

American Hotel Income Properties REIT (TSE:HOT.UN) last announced its earnings results on Thursday, August 6th. The company reported C$0.01 earnings per share (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 company had revenue of C$44.18 million during the quarter. As a group, sell-side 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.