Ashford (NYSEAMERICAN:AINC) Stock Jumps 0.2% – Here’s What Happened

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

Ashford Stock Performance

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 business has a fifty day moving average of $4.97 and a two-hundred day moving average of $4.97.

About Ashford

Ashford Inc. is a hospitality-focused services company that provides hotel management and advisory services to hotel owners and investors. Through its subsidiaries, the company offers services that include hotel operations, asset management, and support for hospitality projects. Ashford’s business has included advising publicly traded hotel real estate investment trusts Ashford Hospitality Trust and Braemar Hotels & Resorts. Its operations are primarily focused on the U.S. hospitality market.