Ashford Hospitality Trust (AHT, Financial) experienced a stock price decline of 5.22%, trading at $0.635 per share. The trading volume reached 394,460 shares, with a turnover rate of 0.79% and a price fluctuation of 7.83%.
Recent financial results for the company reported revenue of $316 million and a net profit of $50.25 million, leading to earnings per share of $1.03. The price-to-earnings ratio is -0.30, indicating a negative earnings yield.
In terms of analysts' recommendations, 33% of participating firms suggest buying AHT, while 67% recommend holding. None have advised selling the stock.
Ashford Trust operates within the real estate investment trust (REIT) industry, which overall saw a decline of 0.30%. Other notable stocks in the sector include Presidio Property Trust, Whitestone Reit, and Clipper Realty, which showed significant gains. Wheeler Real Estate Investment Trust and Power Reit exhibited higher turnover rates, making them more active in the market.
Wheeler Real Estate Investment Trust, Creative Media & Community Trust Corporation, and Presidio Property Trust had the largest price swings in the sector.
Ashford Hospitality Trust focuses on investing in upscale hotel properties across the U.S., operating under well-known brands such as Marriott, Hilton, and Hyatt. The company primarily earns revenue from room bookings, as well as food and beverage services.
