Ashford Hospitality Trust Inc (NYSE:AHT) has climbed 6.13% in the past week and advanced 13.06% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 7.4% and the outperformance has advanced to 12.03% for the last 4 weeks period.
Ashford Hospitality Trust Inc (NYSE:AHT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.27 and $5.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.54, notching a gain of 5.32% for the day. The total traded volume was 2,119,722 . The stock had closed at $5.26 on the previous day.
The company shares have dropped -34.98% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $9.25 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $5.35 and the 200 Day Moving Average price is recorded at $5.65.
On the companys insider trading activities, Ansell Benjamin J Md, director of Ashford Hospitality Trust Inc had purchased 3,000 shares on May 27, 2016 in a transaction. The price per share was $4.95 and the total amount of the disclosed transaction was $14,850.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Many analysts have stated their opinion on the company shares. Janney Capital initiates coverage on Ashford Hospitality Trust Inc (NYSE:AHT) In a research note issued to the investors, the brokerage major announces price-target of $7.5 per share.The shares have been rated Neutral. The rating by the firm was issued on March 23, 2016. Currently the company Insiders own 16.9% of Ashford Hospitality Trust Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 12.34% . Institutional Investors own 72.55% of Ashford Hospitality Trust Inc shares. During last six month period, the net percent change held by insiders has seen a change of 12.34%.
Ashford Hospitality Trust, Inc., (Ashford), together with its subsidiaries, is a self-administered real estate investment trust (REIT) focused on investing in the hospitality industry. The Company is engaged in direct hotel investments within the hotel lodging industry. Ashford owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP). Its hotels are primarily operated under the brands of Hilton, Hyatt, Marriott, Starwood and Intercontinental Hotels Group. Its hotels are located in the United States. The Company, through Remington Lodging, manages the Hampton Inn & Suites Gainesville hotel, which has 124 guestrooms, including 27 studio suites. The hotels amenities include 1,700 square feet of meeting space, a boardroom, Saltwater Lap Pool and Spa, Jump Start fitness center and on-site parking. Ashford OP General Partner LLC is a wholly owned subsidiary of the Company.