Ashford (NYSE:AINC) Shares to Split on Monday, July 29th

Ashford Inc. (NYSE:AINCFree Report) shares are set to split before the market opens on Monday, July 29th. The 10000-1 split was announced on Monday, July 29th. The newly created shares will be payable to shareholders after the closing bell on Monday, July 29th.

Ashford Price Performance

AINC stock opened at $4.97 on Thursday. The stock’s 50 day moving average is $4.88. The firm has a market capitalization of $17.10 million, a P/E ratio of -0.38 and a beta of 1.32. Ashford has a twelve month low of $1.91 and a twelve month high of $9.50.

Ashford (NYSE:AINCGet Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $1.88 earnings per share for the quarter. Ashford had a negative return on equity of 21.29% and a negative net margin of 0.55%. The business had revenue of $209.13 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Ashford in a research report on Wednesday. They set a “hold” rating on the stock.

Check Out Our Latest Research Report on AINC

About Ashford

(Get Free Report)

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas. Ashford Inc(NYSEAM:AINC) operates independently of Ashford Hospitality Trust, Inc as of November 5, 2019.

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