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

StockNews.com started coverage on shares of Ashford (NYSE:AINCFree Report) in a research note published on Thursday. The firm issued a hold rating on the stock.

Ashford Price Performance

Shares of Ashford stock opened at $4.82 on Thursday. Ashford has a 12-month low of $1.91 and a 12-month high of $10.89. The stock has a market capitalization of $16.53 million, a price-to-earnings ratio of -0.36 and a beta of 1.25.

Ashford (NYSE:AINCGet Free Report) last issued its earnings results on Wednesday, May 8th. The company reported $1.88 earnings per share (EPS) for the quarter. Ashford had a negative net margin of 0.55% and a negative return on equity of 21.29%. The company had revenue of $209.13 million during the quarter.

Insider Buying and Selling at Ashford

In related news, CEO Monty J. Bennett purchased 200,000 shares of the company’s stock in a transaction on Monday, April 15th. The shares were bought at an average cost of $4.91 per share, for a total transaction of $982,000.00. Following the transaction, the chief executive officer now owns 467,504 shares of the company’s stock, valued at $2,295,444.64. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 66.70% of the stock is currently owned by corporate insiders.

Ashford Company Profile

(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.

Featured Articles

Receive News & Ratings for Ashford Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashford and related companies with MarketBeat.com's FREE daily email newsletter.