Market cap of Ashford Hospitality Trust Inc. [AHT] reaches 62.20M – now what?

Ashford Hospitality Trust Inc. [NYSE: AHT] traded at a low on 11/20/20, posting a -5.88 loss after which it closed the day’ session at $4.00. The company report on November 20, 2020 that Ashford Hospitality Trust, Inc. Receives Notice That Company Has Been In Full Compliance With NYSE Continued Listing Standards.

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Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced that it was notified by the New York Stock Exchange (the “NYSE”) that the Company has been in full compliance with all of the NYSE’s continued listing standards, as indicated in a letter delivered to the Company on November 19, 2020.

As previously disclosed, on October 1, 2020, the Company received notification (the “Initial Letter”) from the NYSE that it was not in compliance with the continued listing standards set forth in the NYSE Listed Company Manual (the “Company Manual”). Specifically, the Initial Letter stated that the Company was not in compliance with Section 802.01B of the Company Manual, which requires a listed company to have an average market capitalization of not less than $50 million over a 30 trading-day period and, at the same time, stockholders’ equity of not less than $50 million.

The results of the trading session contributed to over 2200984 shares changing hands. Over the past one week, the price volatility of Ashford Hospitality Trust Inc. stands at 21.89% while the volatility over the past one month is 26.75%.

The market cap for AHT stock reached $62.20 million, with 11.77 million shares outstanding and 10.27 million shares in the current float. Compared to the average trading volume of 3.78M shares, AHT reached a trading volume of 2200984 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Ashford Hospitality Trust Inc. [AHT]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AHT shares is $3.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AHT stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

DA Davidson have made an estimate for Ashford Hospitality Trust Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 17, 2020. While these analysts kept the previous recommendation, B. Riley FBR dropped their target price from $2 to $1.50. The new note on the price target was released on April 06, 2020, representing the official price target for Ashford Hospitality Trust Inc. stock. On June 17, 2019, analysts decreased their price target for AHT shares from 7 to 4.

The Average True Range (ATR) for Ashford Hospitality Trust Inc. is set at 0.70, with the Price to Sales ratio for AHT stock in the period of the last 12 months amounting to 0.08.

How has AHT stock performed recently?

Ashford Hospitality Trust Inc. [AHT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.21. With this latest performance, AHT shares gained by 133.92% in over the last four-week period, additionally sinking by -43.77% over the last 6 months – not to mention a drop of -84.44% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AHT stock in for the last two-week period is set at 61.74, with the RSI for the last a single of trading hit 60.64, and the three-weeks RSI is set at 59.82 for Ashford Hospitality Trust Inc. [AHT]. The present Moving Average for the last 50 days of trading for this stock 2.06, while it was recorded at 4.27 for the last single week of trading, and 7.07 for the last 200 days.

Ashford Hospitality Trust Inc. [AHT]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ashford Hospitality Trust Inc. [AHT] shares currently have an operating margin of -8.67 and a Gross Margin at +9.54. Ashford Hospitality Trust Inc.’s Net Margin is presently recorded at -7.59.

Return on Total Capital for AHT is now -2.93, given the latest momentum, and Return on Invested Capital for the company is -4.73. Return on Equity for this stock declined to -31.86, with Return on Assets sitting at -2.45. When it comes to the capital structure of this company, Ashford Hospitality Trust Inc. [AHT] has a Total Debt to Total Equity ratio set at 1,547.76. Additionally, AHT Total Debt to Total Capital is recorded at 93.93, with Total Debt to Total Assets ending up at 88.67. Long-Term Debt to Equity for the company is recorded at 328.42, with the Long-Term Debt to Total Capital now at 19.91.

Receivables Turnover for the company is 23.92 with a Total Asset Turnover recorded at a value of 0.32.

Earnings analysis for Ashford Hospitality Trust Inc. [AHT]

With the latest financial reports released by the company, Ashford Hospitality Trust Inc. posted -3.9/share EPS, while the average EPS was predicted by analysts to be reported at -5/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 22.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AHT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ashford Hospitality Trust Inc. go to 5.00%.

Insider trade positions for Ashford Hospitality Trust Inc. [AHT]

There are presently around $15 million, or 25.60% of AHT stock, in the hands of institutional investors. The top three institutional holders of AHT stocks are: VANGUARD GROUP INC with ownership of 857,484, which is approximately -6.592% of the company’s market cap and around 0.20% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 821,410 shares of the stock with an approximate value of $3.29 million in AHT stocks shares; and CHARLES SCHWAB INVESTMENT MANAGEMENT INC, currently with $2.91 million in AHT stock with ownership of nearly 103.472% of the company’s market capitalization.

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Positions in Ashford Hospitality Trust Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 14 institutional holders increased their position in Ashford Hospitality Trust Inc. [NYSE:AHT] by around 517,499 shares. Additionally, 77 investors decreased positions by around 1,435,533 shares, while 6 investors held positions by with 1,683,997 shares. The mentioned changes placed institutional holdings at 3,637,029 shares, according to the latest SEC report filing. AHT stock had 5 new institutional investments in for a total of 20,235 shares, while 51 institutional investors sold positions of 1,111,387 shares during the same period.

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