AINC Stock Summary and Trading Ideas (Ashford (Holding Company) | AMEX:AINC)

Ashford Inc is a provider of asset management and advisory services to other entities, within the hospitality industry. The company's operating segments include Advisory, Remington, Premier, INSPIRE, RED and OpenKey, and Corporate and Other. It generates maximum revenue from the Remington segment. INSPIRE segment provides event technology and creative communications solutions services. The Advisory segment provides asset management and advisory services to other entities. Its Remington segment provides hotel management services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Mexico and All other countries.

Ashford (Holding Company) trades on the AMEX stock market under the symbol AINC.

As of April 16, 2024, AINC stock price declined to $4.80 with 62,636 million shares trading.

AINC has a beta of 0.03, meaning it tends to be less sensitive to market movements. AINC has a correlation of 0.00 to the broad based SPY ETF.

AINC has a market cap of $16.47 million. This is considered a Sub-Micro Cap stock.

Last quarter Ashford (Holding Company) reported $207 million in Revenue and $1.02 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $1.02.

In the last 3 years, AINC stock traded as high as $28.27 and as low as $1.91.

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

AINC stock has underperformed the market in the last year with a return of -59.9%, while SPY returned +24.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AINC shares. However, AINC has outperformed the market in the last 3 month and 2 week periods, returning +33.3% and +116.2%, while SPY returned +6.3% and -3.2%, respectively. This indicates AINC has been having a stronger performance recently.

AINC support price is $4.53 and resistance is $5.28 (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 AINC stock will trade within this expected range on the day.