AHT Stock Summary and Trading Ideas (Ashford Hospitality Trust | NYSE:AHT)

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 trades on the NYSE stock market under the symbol AHT.

As of April 15, 2024, AHT stock price declined to $1.32 with 259,644 million shares trading.

AHT has a beta of 2.24, meaning it tends to be more sensitive to market movements. AHT has a correlation of 0.10 to the broad based SPY ETF.

AHT has a market cap of $52.31 million. This is considered a Micro Cap stock.

In the last 3 years, AHT stock traded as high as $77.90 and as low as $1.24.

The top ETF exchange traded funds that AHT belongs to (by Net Assets): VTI, VXF, PRFZ, FESM, IWC.

AHT has underperformed the market in the last year with a price return of -53.7% while the SPY ETF gained +25.3%. AHT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.2% and -3.6%, respectively, while the SPY returned +6.2% and -3.6%, respectively.

AHT support price is $1.38 and resistance is $1.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AHT stock will trade within this expected range on the day.