Ashford Hospitality Trust Inc (AHT) Soars 1.48%

Ashford Hospitality Trust Inc (AHT) Soars 1.48%

Ashford Hospitality Trust Inc (AHT) had a good day on the market for Tuesday March 16 as shares jumped 1.48% to close at $3.43. About 10.79 million shares traded hands on 20,453 trades for the day, compared with an average daily volume of n/a shares out of a total float of 68.94 million. After opening the trading day at $3.38, shares of Ashford Hospitality Trust Inc stayed within a range of $3.61 to $3.25.

With today’s gains, Ashford Hospitality Trust Inc now has a market cap of $236.45 million. Shares of Ashford Hospitality Trust Inc have been trading within a range of $18.80 and $1.27 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 J. Robison Hays.

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