Temple Hotels (TPH) Hits New 52-Week High at $3.10

Temple Hotels (TSE:TPH) reached a new 52-week high on Wednesday . The stock traded as high as C$3.10 and last traded at C$3.14, with a volume of 68900 shares trading hands. The stock had previously closed at C$3.09.

In related news, insider Corporation Morguard bought 549,895 shares of Temple Hotels stock in a transaction that occurred on Tuesday, March 27th. The stock was acquired at an average price of C$2.65 per share, for a total transaction of C$1,457,221.75.

Temple Hotels Company Profile

Temple is a growth oriented hotel investment company with hotel properties located across Canada. Temple is listed on the Toronto Stock Exchange under the symbols TPH (common shares), TPH.DB.E and TPH.DB.F (convertible debentures). The primary long-term investment objectives of the Company are to yield stable and growing cash flows and to maximize the long-term share value of the Company through the active management of its assets, accretive acquisitions, and the performance of value-added capital improvement programs on selected properties, as deemed appropriate.

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