StockNews.com initiated coverage on shares of Ashford (NYSE:AINC – Free Report) in a report issued on Thursday. The firm issued a hold rating on the stock.
Ashford Stock Up 0.2 %
Shares of AINC stock opened at $4.97 on Thursday. The stock has a market cap of $17.10 million, a PE ratio of -0.38 and a beta of 1.32. The company’s 50 day simple moving average is $0.50. Ashford has a 12 month low of $1.91 and a 12 month high of $9.50.
Ashford (NYSE:AINC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.00 EPS for the quarter. The company had revenue of $209.13 million for the quarter. Ashford had a negative net margin of 0.55% and a negative return on equity of 21.29%.
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.
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