StockNews.com assumed coverage on shares of Ashford (NYSE:AINC – Free Report) in a report issued on Wednesday morning. The firm issued a hold rating on the stock.
Ashford Price Performance
Shares of NYSE:AINC opened at $4.97 on Wednesday. The stock has a 50-day moving average price of $3.98. The stock has a market capitalization of $17.10 million, a PE ratio of -0.38 and a beta of 1.32. Ashford has a 52-week low of $1.91 and a 52-week high of $9.50.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Ashford stock. Renaissance Technologies LLC raised its holdings in shares of Ashford Inc. (NYSE:AINC – Free Report) by 50.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,553 shares of the company’s stock after acquiring an additional 26,000 shares during the quarter. Renaissance Technologies LLC owned approximately 2.25% of Ashford worth $381,000 as of its most recent SEC filing. 13.32% of the stock is currently owned by institutional investors.
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.
Recommended Stories
- Five stocks we like better than Ashford
- When to Sell a Stock for Profit or Loss
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- 3 REITs to Buy and Hold for the Long Term
- MarketBeat Week in Review – 9/16 – 9/20
- Trading Halts Explained
- Don’t Miss These 3 Retail Stocks for Fall Gains
Receive News & Ratings for Ashford Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford and related companies with MarketBeat.com's FREE daily email newsletter.
