Ashford Hospitality Trust Inc (NYSE:AHT) saw a downside of -8.87% to close Friday at $2.26 after subtracting -$0.22 on the day. The 5-day average trading volume is 433,580 shares of the company’s common stock. It has gained $2.86 in the past week and touched a new high 1 time within the past 5 days. An average of 408,120 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 453,108.
AHT’s 1-month performance is -16.61% or -$0.38 on its low of $2.25 reached on 09/22/23. The company’s shares have touched a 52-week low of $2.45 and high of $8.43, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, AHT has lost -49.44% or -$2.21 and has reached a new high 18 times. However, the current price is down -73.19% from the 52-week high price.
Insider Transactions
AHT stock investors last saw insider trading activity on Dec 27.Eubanks Deric S (CFO and Treasurer) most recently sold 30 shares at $4.39 per share on Dec 27. This transaction cost the insider $132. Director, Ansell Benjamin J MD, sold 110 shares at a price of $7.69 on Oct 27.
Valuation Metrics
AHT stock has a beta of 2.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.06.
. In terms of profitability, the gross margin trailing 12 months is 13.59%. The firm’s gross profit as reported stood at $76.25 million against revenue of $1.24 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 68.24% to -$29.19 million, while revenue of -$64.57 million was -121.21% off the previous quarter. Analysts expected AHT to announce -$1.15 per share in earnings in its latest quarter, but it posted -$0.88, representing a 23.50% surprise. EBITDA for the quarter stood at more than $107.31 million. Shareholders hold equity totaling $34.49 million.
Let’s look briefly at Ashford Hospitality Trust Inc (AHT) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 24.93% to suggest the stock is trending oversold, with historical volatility in this time period at 60.27%.
The stock’s 5-day moving average is $2.57, reflecting a -21.53% or -$0.62 change from its current price. AHT is currently trading -13.08% above its 20-day SMA, -37.22% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -43.22% and SMA200 by-62.52%.
Stochastic %K and %D was 3.64% and 9.24% and the average true range (ATR) pointed at 0.18. The RSI (14) points at 30.55%, while the 14-day stochastic is at 1.11% with the period’s ATR at 0.18. The stock’s 9-day MACD Oscillator is pointing at -0.25 and -0.30 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Ashford Hospitality Trust Inc (NYSE: AHT), Oppenheimer launched coverage with a Perform rating. Analysts offering their rating for AHT stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate AHT as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is AHT’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.00 and a high of $9.00, with their median price target at $3.00. Looking at these predictions, the average price target given by analysts is for Ashford Hospitality Trust Inc (AHT) stock is $5.00.
