American Hotel Income Properties REIT (TSE:HOT.UN) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

American Hotel Income Properties REIT LP (TSE:HOT.UN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.41 and traded as low as C$0.32. American Hotel Income Properties REIT shares last traded at C$0.32, with a volume of 73,535 shares trading hands.

American Hotel Income Properties REIT Stock Performance

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 capitalization of C$23.59 million, a PE ratio of -0.27 and a beta of -0.82. The company has a 50-day moving average price of C$0.35 and a two-hundred day moving average price of C$0.41.

American Hotel Income Properties REIT (TSE:HOT.UN) last issued its earnings results on Friday, November 7th. The company reported C($0.34) EPS for the quarter. American Hotel Income Properties REIT had a negative return on equity of 34.11% and a negative net margin of 34.67%.The company had revenue of C$66.24 million during the quarter. Analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 EPS for the current fiscal 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.