John Christopher O’neill Buys 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 company’s stock in a transaction on Thursday, September 26th. The shares were bought at an average price of C$0.69 per share, with a total value of C$68,760.00.

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

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

American Hotel Income Properties REIT Stock Up 1.5 %

Shares of HOT.UN opened at C$0.69 on Friday. 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 company has a debt-to-equity ratio of 276.63, a current ratio of 0.44 and a quick ratio of 0.36. The stock has a 50 day simple moving average of C$0.50 and a two-hundred day simple moving average of C$0.55. The firm has a market cap of C$54.67 million, a P/E ratio of -0.43 and a beta of 2.15.

Analysts Set New Price Targets

Separately, CIBC reduced 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.

About American Hotel Income Properties REIT

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.