American Hotel Income Properties REIT (TSE:HOT.UN) Posts Quarterly Earnings Results

American Hotel Income Properties REIT (TSE:HOT.UN) issued its earnings results on Friday. The company reported C($0.20) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$39.83 million during the quarter. American Hotel Income Properties REIT had a negative return on equity of 34.11% and a negative net margin of 34.67%.

American Hotel Income Properties REIT Price Performance

TSE HOT.UN traded down C$0.01 during trading on Friday, hitting C$0.52. 179,556 shares of the stock traded hands, compared to its average volume of 64,210. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 276.63. American Hotel Income Properties REIT has a 12-month low of C$0.26 and a 12-month high of C$0.69. The firm has a 50-day simple moving average of C$0.54 and a 200-day simple moving average of C$0.52. The company has a market capitalization of C$37.12 million, a P/E ratio of -0.71 and a beta of -1.93.

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.