Closing Bell: American Hotel Income Properties REIT LP up on Friday (HOT-UN)

In market activity today, American Hotel Income Properties REIT LP stock opened at $0.48 and closed at $0.50. Intraday prices ranged from a low of $0.47 to a high of $0.51.

Shares boosted 6.38 percent from the previous day's close of $0.47.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

American Hotel Income Properties REIT LP traded under HOT-UN on the Toronto Stock Exchange (TSX).

A total of 103,699 shares was traded during the session, with total trades of 52, while having an average volume of 47,967 in the last five days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, HOT-UN.TO has traded as high as $2.38 (August 11,2023) and low as $0.46 (July 25,2024). Moreover, the shares have shrunken -78.26% in the last 52 weeks, while this year, they have shrunken -41.86%.

It announced a 0.01 dividend on October 13/23, with an October 30/23 ex-date and November 15/23 pay day.

Following today's trading, American Hotel Income Properties REIT LP has a market capitalization of $37.20 million on a float of 79,161 shares outstanding. Its annual EPS is $-1.02.

American Hotel Income Properties REIT LP is a None company headquartered in Vancouver, CAN.

Currently, American Hotel Income Properties REIT LP's consensus rating is "Moderate Sell" based on 3 analysts according to Zacks. Currently, there are 1 sell ratings and 2 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..