Ashford (NASDAQ:AINC) Shares Gap Up to $5.89

Ashford Inc. (NASDAQ:AINC) gapped up prior to trading on Thursday . The stock had previously closed at $5.89, but opened at $7.74. Ashford shares last traded at $9.07, with a volume of 80,998 shares changing hands.

The business has a fifty day moving average of $6.09 and a 200 day moving average of $6.91.

Ashford (NASDAQ:AINC) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. The business had revenue of $55.87 million for the quarter, compared to the consensus estimate of $71.52 million.

About Ashford (NASDAQ:AINC)

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(AMEX:AINC) operates independently of Ashford Hospitality Trust, Inc as of November 5, 2019.

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