Ashford Inc. (NYSEAMERICAN:AINC – Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.97 and traded as high as $5.00. Ashford shares last traded at $4.97, with a volume of 209,000 shares.
Ashford Stock Up 0.2%
The firm has a market capitalization of $17.05 million, a price-to-earnings ratio of -0.37 and a beta of 1.64. The stock’s 50-day moving average price is $4.97 and its 200 day moving average price is $4.97.
About Ashford
Ashford Inc (NYSE American: AINC) is a hospitality-focused asset management and services company. It provides strategic, operational and financial services to owners of hotels and other hospitality-related real estate, with an emphasis on improving property performance and value.
The company’s activities include hotel asset management, investment management, project management, design and construction services, and other advisory services for the hospitality industry. Ashford also has interests in businesses that provide hotel management and related operating services, supporting properties across a range of lodging markets.
Ashford Inc was formed in 2014 through a separation from Ashford Hospitality Trust.
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