The stock of Hotel Property Investments Ltd (ASX:HPI) is a huge mover today! The stock increased 1.52% or $0.04 on November 18, hitting $2.68. About 150,486 shares traded hands. Hotel Property Investments Ltd (ASX:HPI) has declined 0.37% since April 22, 2016 and is downtrending. It has underperformed by 4.80% the S&P500.
The move comes after 7 months positive chart setup for the $393.06 million company. It was reported on Nov, 18 by Barchart.com. We have $7.45 PT which if reached, will make ASX:HPI worth $699.65 million more.
Another recent and important Hotel Property Investments Ltd (ASX:HPI) news was published by Businesswire.com which published an article titled: “Pandox AB (publ) acquires hotel portfolio in Europe for approximately MSEK 4100” on November 18, 2016.
Hotel Property Investments Limited is an Australia freehold pub owner and lessor. The company has a market cap of $393.06 million. The principal activity of the Company consists of real estate investment in the freehold pub sector in Australia. It has a 6.51 P/E ratio. The Firm owns a portfolio of freehold properties, consisting of pubs along with associated specialty tenancies located throughout Queensland and South Australia.
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