Ashford Hospitality Trust (AHT, Financial) experienced a significant stock decline of 5.39%, with the price dropping to $7.14 per share. The trading volume reached 56,334 shares, resulting in a turnover rate of 1.02% and a price fluctuation of 5.83%. Recent financial reports reveal a revenue of $277 million, a net loss of $57.91 million, and an earnings per share of -$12.39. The company has no current data on gross profit and a price-to-earnings ratio of 0.00. Out of two rating institutions, all recommend holding the stock, with no buy or sell suggestions.
The real estate investment trust sector, where Ashford operates, saw an overall decline of 0.65%. Noteworthy performers in the sector include Wheeler Real Estate Investment Trust, Inc., and Clipper Realty Inc. Ashford Hospitality Trust focuses on high-end hotel properties in the U.S., operating under brands like Marriott, Hilton, and Hyatt. Its primary revenue stems from room income, supplemented by food, beverage, and other services.
