American Hotel Income Properties REIT (TSE:HOT.UN) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

American Hotel Income Properties REIT LP (TSE:HOT.UNGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.46 and traded as low as C$0.38. American Hotel Income Properties REIT shares last traded at C$0.38, with a volume of 22,035 shares.

American Hotel Income Properties REIT Trading Down 1.3%

The firm has a 50 day simple moving average of C$0.42 and a 200 day simple moving average of C$0.46. 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 market cap of C$29.42 million, a P/E ratio of -0.46 and a beta of -0.76.

About American Hotel Income Properties REIT

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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.

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