American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Buys C$16,960.00 in Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Josef Vejvoda acquired 26,500 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were bought at an average cost of C$0.64 per share, for a total transaction of C$16,960.00.

American Hotel Income Properties REIT Price Performance

TSE:HOT.UN traded up C$0.09 during mid-day trading on Tuesday, reaching C$0.71. 214,767 shares of the company were exchanged, compared to its average volume of 74,560. American Hotel Income Properties REIT LP has a 12 month low of C$0.39 and a 12 month high of C$0.95. The company has a fifty day moving average of C$0.56 and a 200 day moving average of C$0.54. The stock has a market cap of C$56.25 million, a PE ratio of -0.45 and a beta of 2.21. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 276.63.

Wall Street Analyst Weigh In

Separately, Scotiabank boosted their target price on American Hotel Income Properties REIT from C$0.60 to C$0.80 in a report on Tuesday, November 12th.

About American Hotel Income Properties REIT

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 112 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand.