Ashford (NYSE:AINC) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Ashford (NYSE:AINCGet Rating) in a research report issued on Wednesday. The brokerage set a “hold” rating on the stock.

AINC opened at $14.27 on Wednesday. The company’s 50 day moving average price is $17.77. Ashford has a 1 year low of $7.79 and a 1 year high of $28.27. The company has a market capitalization of $43.04 million, a PE ratio of -0.83 and a beta of 2.32.

Ashford (NYSE:AINCGet Rating) last announced its earnings results on Thursday, February 24th. The company reported $1.92 EPS for the quarter. The company had revenue of $133.85 million for the quarter. Ashford had a negative return on equity of 15.06% and a negative net margin of 2.55%. As a group, sell-side analysts forecast that Ashford will post 2.46 EPS for the current year.

Ashford Company Profile (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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