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

American Hotel Income Properties REIT LP (TSE:HOT.UN)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.41 and traded as high as C$0.49. American Hotel Income Properties REIT shares last traded at C$0.49, with a volume of 4,562 shares.

American Hotel Income Properties REIT Price Performance

The company’s 50 day moving average price is C$0.41 and its 200 day moving average price is C$0.41. 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 company has a market cap of C$35.27 million, a price-to-earnings ratio of -0.42 and a beta of -0.91.

American Hotel Income Properties REIT (TSE:HOT.UN) last released its quarterly 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 business had revenue of C$66.24 million for the quarter. On average, equities research analysts predict that American Hotel Income Properties REIT LP will post 0.0406452 earnings per share 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. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.