American Hotel Income Properties REIT (TSE:HOT.UN) Shares Cross Above 200-Day Moving Average – What’s Next?

Posted by Paula Ricardo on Jan 17th, 2025

Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.56 and traded as high as C$0.65. American Hotel Income Properties REIT shares last traded at C$0.63, with a volume of 77,321 shares.

Analyst Ratings Changes

Separately, Scotiabank lifted their target price on American Hotel Income Properties REIT from C$0.60 to C$0.80 in a report on Tuesday, November 12th.

Get Our Latest Stock Analysis on American Hotel Income Properties REIT

American Hotel Income Properties REIT Price 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’s fifty day moving average is C$0.57 and its 200 day moving average is C$0.56. The stock has a market cap of C$49.91 million, a PE ratio of -0.40 and a beta of 2.21.

American Hotel Income Properties REIT Company Profile

(Get Free Report)

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 112 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand.