Ashford (NYSEAMERICAN:AINC) Stock Price Passes Above 50 Day Moving Average of $0.00

Shares of Ashford Inc. (NYSEAMERICAN:AINC) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.00 and traded as high as $4.90. Ashford shares last traded at $4.90, with a volume of 11,503 shares.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Ashford in a report on Wednesday, April 3rd. They set a “buy” rating on the stock.

Ashford Stock Performance

The company has a market capitalization of $16.64 million, a PE ratio of -0.36 and a beta of 1.64.

Ashford (NYSEAMERICAN:AINC) last released its quarterly earnings data on Thursday, February 29th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter. Ashford had a negative return on equity of 17.01% and a negative net margin of 0.60%. The business had revenue of $206.81 million for the quarter, compared to analysts’ expectations of $187.90 million.

Ashford Company Profile

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas. Ashford Inc(NYSEAM:AINC) operates independently of Ashford Hospitality Trust, Inc as of November 5, 2019.