StockNews.com initiated coverage on shares of Ashford Hospitality Trust (NYSE:AHT – Get Rating) in a report released on Thursday morning. The brokerage issued a sell rating on the real estate investment trust’s stock.
Separately, B. Riley reduced their target price on shares of Ashford Hospitality Trust from $9.00 to $6.50 and set a neutral rating for the company in a report on Monday, March 13th.
Ashford Hospitality Trust Stock Performance
Shares of AHT stock opened at $3.07 on Thursday. The company has a market capitalization of $105.88 million, a price-to-earnings ratio of -0.69 and a beta of 2.28. The company has a 50-day simple moving average of $5.51 and a 200 day simple moving average of $6.38. Ashford Hospitality Trust has a 52 week low of $3.06 and a 52 week high of $12.09.
Institutional Trading of Ashford Hospitality Trust
Ashford Hospitality Trust Company Profile
Ashford Hospitality Trust, Inc is a real estate investment trust, which invests in the hospitality industry. The firm’s investments include direct hotel, mezzanine financing through origination or acquisition, first mortgage financing through origination or acquisition, sale-leaseback transactions and other hospitality transactions.
- Get a free copy of the StockNews.com research report on Ashford Hospitality Trust (AHT)
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