American Hotel Income Properties REIT (OTCMKTS:AHOTF) Shares Down 3.8% – Should You Sell?

American Hotel Income Properties REIT LP (OTCMKTS:AHOTFGet Free Report)’s share price was down 3.8% on Friday . The company traded as low as $0.39 and last traded at $0.39. Approximately 200 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 46,275 shares. The stock had previously closed at $0.41.

American Hotel Income Properties REIT Stock Performance

The stock has a 50-day simple moving average of $0.46 and a 200 day simple moving average of $0.44.

American Hotel Income Properties REIT Company Profile

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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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