Ashford (NYSEAMERICAN:AINC) Trading Up 0.2% – Here’s Why

Ashford Inc. (NYSEAMERICAN:AINCGet Free Report) shares traded up 0.2% during trading on Monday . The company traded as high as $5.00 and last traded at $4.97. 209,000 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 168,184 shares. The stock had previously closed at $4.96.

Ashford Trading Up 0.2%

The business has a 50 day simple moving average of $4.97 and a two-hundred day simple moving average of $4.97. The stock has a market cap of $17.05 million, a price-to-earnings ratio of -0.37 and a beta of 1.64.

About Ashford

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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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