Ashford Hospitality Trust Inc (AHT) had a good day on the market for Friday September 27 as shares jumped 7.12% to close at $3.46. About 1.57 million shares traded hands on 6,816 trades for the day, compared with an average daily volume of n/a shares out of a total float of 102.13 million. After opening the trading day at $3.24, shares of Ashford Hospitality Trust Inc stayed within a range of $3.48 to $3.24.
With today’s gains, Ashford Hospitality Trust Inc now has a market cap of $353.37 million. Shares of Ashford Hospitality Trust Inc have been trading within a range of $6.40 and $2.33 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Ashford Hospitality Trust Inc. is a real estate investment trust that invests in full-service upscale and upper-upscale hotel properties in the U.S. The company owns and operates its assets through its operating partnership, Ashford Hospitality Limited Partnership. All of its hotels are located across the U.S. and operate under the Marriott, Hilton, Hyatt, Crowne Plaza, and Sheraton brands. Ashford’s sole segment is Direct Hotel Investments, through which it owns hotels by acquisition or development. Ashford also provides rest estate investment services, such as mezzanine financing, first mortgage financing, and sales-leaseback transactions. Its revenue streams include Room revenue, Food and beverage revenue, and Other revenue. Room revenue accounts for the majority of total revenue.
Ashford Hospitality Trust Inc is based out of Dallas, TX and has some 116 employees. Its CEO is Douglas A. Kessler.
Ashford Hospitality Trust Inc is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
