Insider Buying: American Hotel Income Properties REIT LP (TSE:HOT.UN) Director Purchases 100,000 Shares of Stock

American Hotel Income Properties REIT LP (TSE:HOT.UN) Director John Christopher O’neill acquired 100,000 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were bought at an average cost 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 purchased 200,000 shares of American Hotel Income Properties REIT stock. The stock was acquired at an average cost of C$0.59 per share, with a total value of C$118,520.00.

American Hotel Income Properties REIT Stock Performance

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

Wall Street Analysts Forecast Growth

Separately, CIBC cut their price target on American Hotel Income Properties REIT from C$0.40 to C$0.33 in a report 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.