Temple Hotels (TPH) Stock Price Down 7.8%

Temple Hotels Inc (TSE:TPH) shares fell 7.8% during mid-day trading on Friday . The company traded as low as C$2.95 and last traded at C$2.95. 124,383 shares changed hands during trading, an increase of 336% from the average session volume of 28,534 shares. The stock had previously closed at C$3.20.

The company has a market capitalization of $81.87, a PE ratio of -0.64 and a beta of 1.17.

Temple Hotels (TSE:TPH) last released its earnings results on Thursday, November 9th. The company reported C$0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.34 by C($0.21). The company had revenue of C$46.11 million for the quarter.

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Temple Hotels Company Profile

Temple Hotels Inc, formerly known as Temple Real Estate Investment Trust, is a real estate investment firm specializing in direct and indirect acquisition of hotel properties and assets, investments in hotel real estate in primary and secondary markets, as well as refinancing of under-leveraged properties in markets across Canada and United States.

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