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

Ashford Inc. (NYSE:AINCFree Report)’s stock is going 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 distributed to shareholders after the closing bell on Monday, July 29th.

Ashford Trading Down 0.2 %

NYSE AINC opened at $4.97 on Thursday. The stock has a 50 day simple moving average of $4.88. Ashford has a fifty-two week low of $1.91 and a fifty-two week high of $9.50. The stock has a market cap of $17.10 million, a PE ratio of -0.38 and a beta of 1.32.

Ashford (NYSE:AINCGet Free Report) last issued 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.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Ashford in a report on Wednesday. They issued a “hold” rating on the stock.

Read Our Latest Analysis 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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