|Bid||0.8700 x N/A|
|Ask||0.8750 x N/A|
|Day's range||0.8650 - 0.8750|
|52-week range||0.8600 - 0.8750|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Should you buy ARA US Hospitality Trust (SGX: XZL) or Eagle Hospitality Trust (SGX: LIW) for your stock portfolio? Find out here.
ARA US Hospitality Trust (ARAHT) made its debut on the Singapore Exchange (SGX) on 9 May 2019 at an initial public offering price of US$0.88 a unit. The offering was approximately 1.1 times over-subscribed with valid applications for 54.7 million units vying for 51.1 million units available for public offer. Following the introduction of this new hospitality trust, income investors now have another option to consider when looking for high-yielding counters to add into their portfolio. This issue, we explore what are the investment merits that ARAHT has got to offer.
Another US-focused hospitality REIT is planning to list on the SGX. Here are eight things investors should know about this upcoming IPO.