Ashford Hospitality Trust (AHT) to Release Quarterly Earnings on Tuesday

Ashford Hospitality Trust (NYSE:AHT - Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect Ashford Hospitality Trust to post earnings of ($0.07) per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Ashford Hospitality Trust Stock Down 1.0 %

Shares of Ashford Hospitality Trust stock traded down $0.06 during trading on Tuesday, hitting $6.04. The stock had a trading volume of 64,262 shares, compared to its average volume of 46,322. Ashford Hospitality Trust has a 1 year low of $5.20 and a 1 year high of $26.20. The stock has a 50 day simple moving average of $0.89 and a 200 day simple moving average of $1.02. The company has a market capitalization of $256.13 million, a PE ratio of -1.85 and a beta of 2.33.

Shares of Ashford Hospitality Trust are going to reverse split on the morning of Friday, November 1st. The 1-10 reverse split was announced on Thursday, September 26th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, October 31st.

Analysts Set New Price Targets

Separately, StockNews.com raised Ashford Hospitality Trust from a "sell" rating to a "hold" rating in a research report on Monday, August 12th.

About Ashford Hospitality Trust

Ashford Hospitality Trust, Inc, together with its subsidiaries (Ashford Trust), is a real estate investment trust (REIT). While our portfolio currently consists of upscale hotels and upper upscale full-service hotels, our investment strategy is predominantly focused on investing in upper upscale full-service hotels in the United States that have revenue per available room (RevPAR) generally less than twice the U.S.