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

American Hotel Income Properties REIT LP (TSE:HOT.UN) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.45 and traded as high as C$0.55. American Hotel Income Properties REIT shares last traded at C$0.54, with a volume of 22,035 shares.

American Hotel Income Properties REIT Price Performance

The company has a 50 day moving average price of C$0.49 and a 200-day moving average price of C$0.45. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 276.63. The company has a market cap of C$38.74 million, a price-to-earnings ratio of -0.56 and a beta of -0.93.

American Hotel Income Properties REIT (TSE:HOT.UN) last released its earnings results on Friday, May 15th. The company reported C($0.22) earnings per share for the quarter. The firm had revenue of C$50.56 million 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%. As a group, equities research analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current fiscal 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.