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

Equities researchers at StockNews.com began coverage on shares of Ashford (NYSE:AINC – Get Rating) in a research note issued to investors on Friday. The firm set a “buy” rating on the stock.

Ashford Stock Performance

Shares of AINC stock opened at $10.80 on Friday. The firm has a market capitalization of $34.72 million, a PE ratio of -0.99 and a beta of 1.97. Ashford has a 12 month low of $9.65 and a 12 month high of $19.70.

Ashford Company Profile

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Ashford, Inc engages in the provision of asset management, advisory services and other products and services primarily to clients in the hospitality industry. The firm operates through following business segments: REIT Advisory, Remington, Premier, JSAV, OpenKey, and Corporate & Other. The REIT Advisory segment provides asset management and advisory services to other entities.