American Hotel Income Properties REIT (TSE:HOT.UN) Stock Crosses Below 200 Day Moving Average – Time to Sell?

American Hotel Income Properties REIT LP (TSE:HOT.UNGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.56 and traded as low as C$0.46. American Hotel Income Properties REIT shares last traded at C$0.47, with a volume of 18,247 shares traded.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut their price target on shares of American Hotel Income Properties REIT from C$0.80 to C$0.70 and set a “sector perform” rating on the stock in a report on Wednesday, April 2nd.

View Our Latest Analysis on HOT.UN

American Hotel Income Properties REIT Price Performance

The business’s 50 day moving average price is C$0.50 and its two-hundred day moving average price is C$0.56. The stock has a market cap of C$37.24 million, a P/E ratio of -0.30 and a beta of 2.21. The company has a current ratio of 0.44, a quick ratio of 0.36 and a debt-to-equity ratio of 276.63.

About American Hotel Income Properties REIT

(Get Free Report)

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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