Ashford Inc. (NYSEAMERICAN:AINC – Get Free Report) shot up 0.2% during trading on Monday. The stock traded as high as $5.00 and last traded at $4.97. Approximately 209,000 shares were traded during trading, an increase of 24% from the average daily volume of 168,184 shares. The stock had previously closed at $4.96.
Ashford Stock Performance
The business has a fifty day moving average of $4.97 and a two-hundred day moving average of $4.97. The firm has a market capitalization of $17.05 million, a price-to-earnings ratio of -0.37 and a beta of 1.64.
Ashford Company Profile
Ashford Inc is a hospitality-focused services company that provides hotel management and advisory services to hotel owners and investors. Through its subsidiaries, the company offers services that include hotel operations, asset management, and support for hospitality projects.
Ashford’s business has included advising publicly traded hotel real estate investment trusts Ashford Hospitality Trust and Braemar Hotels & Resorts. Its operations are primarily focused on the U.S. hospitality market.
Ashford Inc became an independent public company in 2014 following its separation from Ashford Hospitality Trust.
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