News stories about Ashford Hospitality Prime (NYSE:AHP) have been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ashford Hospitality Prime earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.2173650036912 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
AHP has been the topic of a number of recent research reports. Zacks Investment Research lowered Ashford Hospitality Prime from a “hold” rating to a “sell” rating in a research report on Friday, March 9th. B. Riley set a $13.00 price objective on Ashford Hospitality Prime and gave the company a “buy” rating in a research report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $11.67.
Shares of Ashford Hospitality Prime traded up $0.03, hitting $10.38, during midday trading on Wednesday, Marketbeat reports. The company had a trading volume of 274,699 shares, compared to its average volume of 275,169. Ashford Hospitality Prime has a 12 month low of $8.44 and a 12 month high of $11.34. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.20. The firm has a market capitalization of $333.41 million, a P/E ratio of 6.41 and a beta of 0.82.
Ashford Hospitality Prime Company Profile
Ashford Hospitality Prime is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
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