Temple Hotels Inc (TSE:TPH)’s share price shot up 5.8% on Wednesday . The company traded as high as C$3.64 and last traded at C$3.64. 19,233 shares changed hands during mid-day trading, an increase of 176% from the average session volume of 6,975 shares. The stock had previously closed at C$3.44.

Separately, National Bank Financial reiterated a “sector perform” rating and issued a C$5.00 target price on shares of Temple Hotels in a report on Monday, August 21st.

The firm’s 50-day moving average price is $3.71 and its 200 day moving average price is $4.50. The firm’s market cap is $91.98 million.

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About Temple Hotels

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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