John Christopher O’neill Purchases 100,000 Shares of American Hotel Income Properties REIT LP (TSE:HOT.UN) Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director John Christopher O’neill bought 100,000 shares of the stock in a transaction on Thursday, September 26th. The shares were acquired at an average cost of C$0.69 per share, for a total transaction of C$68,760.00.

John Christopher O’neill also recently made the following trade(s):

• On Thursday, September 19th, John Christopher O’neill purchased 200,000 shares of American Hotel Income Properties REIT stock. The stock was bought at an average price of C$0.59 per share, with a total value of C$118,520.00.

American Hotel Income Properties REIT Stock Performance

TSE HOT.UN opened at C$0.69 on Friday. The company’s 50 day simple moving average is C$0.50 and its two-hundred day simple moving average is C$0.55. The company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36. American Hotel Income Properties REIT LP has a 1 year low of C$0.39 and a 1 year high of C$1.84. The stock has a market capitalization of C$54.67 million, a PE ratio of -0.43 and a beta of 2.15.

Wall Street Analysts Forecast Growth

Separately, CIBC cut their target price on American Hotel Income Properties REIT from C$0.40 to C$0.33 in a research note on Thursday, August 8th.

American Hotel Income Properties REIT Company Profile

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.