Ashford (NYSEAMERICAN:AINC) Shares Cross Above 50 Day Moving Average of $0.00

Ashford Inc. (NYSEAMERICAN:AINCGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.00 and traded as high as $4.80. Ashford shares last traded at $4.80, with a volume of 9,496 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Ashford in a research report on Wednesday, April 3rd. They set a “buy” rating on the stock.

View Our Latest Stock Analysis on AINC

Ashford Stock Performance

The stock has a market cap of $16.46 million, a P/E ratio of -0.36 and a beta of 1.64.

Ashford (NYSEAMERICAN:AINCGet Free Report) last issued its earnings results on Wednesday, May 8th. The financial services provider reported $1.88 EPS for the quarter. The business had revenue of $209.13 million during the quarter. Ashford had a negative return on equity of 17.01% and a negative net margin of 0.60%.

About Ashford

(Get Free Report)

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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