Ashford Inc. (NYSEAMERICAN:AINC – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.
Ashford Price Performance
The company has a market capitalization of $17.05 million, a price-to-earnings ratio of -0.37 and a beta of 1.64. The firm has a fifty day simple moving average of $4.97 and a 200 day simple moving average of $4.97.
About Ashford
Ashford Inc (NYSEAMERICAN: AINC) is an investment management and advisory company specializing in real estate and hospitality assets. Through its subsidiaries, the firm provides asset management, financial advisory, capital raising and portfolio management services to a diversified group of publicly traded real estate investment trusts, private funds, closed-end investment companies and separately managed accounts.
The company’s investment strategies are focused on opportunity-driven real estate sectors with an emphasis on lodging properties, resort and leisure assets, and complementary real estate debt and equity instruments.
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