Ashford (NYSE:AINC) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Ashford (NYSE:AINCGet Rating) in a report released on Saturday morning. The firm issued a hold rating on the stock.

Ashford stock opened at $15.43 on Friday. Ashford has a one year low of $12.22 and a one year high of $28.27. The firm has a market cap of $47.96 million, a P/E ratio of -1.12 and a beta of 2.34. The business’s 50-day simple moving average is $16.06.

Ashford (NYSE:AINCGet Rating) last issued its earnings results on Thursday, February 24th. The company reported $1.92 earnings per share (EPS) for the quarter. Ashford had a negative net margin of 0.18% and a negative return on equity of 17.44%. The business had revenue of $133.85 million during the quarter. On average, research analysts expect that Ashford will post 2.46 earnings per share for the current year.

About Ashford (Get Rating)

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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