American Hotel Income Properties REIT LP (OTCMKTS:AHOTF – Get Free Report) dropped 6.4% on Friday . The company traded as low as $0.38 and last traded at $0.38. Approximately 2,000 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 25,585 shares. The stock had previously closed at $0.41.
American Hotel Income Properties REIT Price Performance
The business’s 50-day moving average price is $0.42 and its two-hundred day moving average price is $0.51.
About American Hotel Income Properties REIT
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand.
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