StockNews.com started coverage on shares of Ashford (NYSE:AINC – Free Report) in a research report sent to investors on Friday. The firm issued a buy rating on the stock.
Ashford Stock Up 5.3 %
NYSE:AINC opened at $4.98 on Friday. The company has a market capitalization of $17.08 million, a PE ratio of -0.37 and a beta of 1.64. Ashford has a 1-year low of $1.91 and a 1-year high of $12.03.
Ashford (NYSE:AINC – Get Free Report) last posted its quarterly earnings data on Thursday, February 29th. The company reported $0.98 earnings per share for the quarter. Ashford had a negative net margin of 0.60% and a negative return on equity of 17.01%. The business had revenue of $206.81 million during the quarter, compared to analyst estimates of $187.90 million.
About Ashford
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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