StockNews.com Initiates Coverage on Ashford (NYSE:AINC)

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Stock analysts at StockNews.com began coverage on shares of Ashford (NYSE:AINCGet Free Report) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Ashford Stock Up 0.4 %

NYSE:AINC opened at $4.84 on Wednesday. The firm has a market capitalization of $16.60 million, a PE ratio of -0.37 and a beta of 1.25. Ashford has a one year low of $1.91 and a one year high of $10.89.

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

Insider Activity

In related news, CEO Monty J. Bennett bought 200,000 shares of Ashford stock in a transaction dated Monday, April 15th. The shares were acquired at an…

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