Ashford Hospitality Trust (AHT) Falls: Stock Goes Down 5.5%

Ashford Hospitality Trust, Inc. (AHT) saw a big move last session, as the company’s shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $10.69 to $11.37 in the past one-month time frame.

This publicly owned real estate investment trust has seen a mixed track record when it comes to current year estimate revisions with no change over the past few weeks. However, the consensus for earnings has moved lower over the last 30 days. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

AHT currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the Real Estate sector include W.P. Carey Inc. (WPC), Sotherly Hotels Inc. (SOHO) and Duke Realty Corporation (DRE). Among these stocks W.P. Carey and Sotherly Hotels carry a Zacks Rank #1 (Strong Buy) and Duke Realty carries a Zacks Rank #2 (Buy).

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ASHFORD HOSPITALITY TR INC (AHT): Free Stock Analysis Report

WP CAREY REIT NEW (WPC): Free Stock Analysis Report

SOTHERLY HOTELS INC (SOHO): Free Stock Analysis Report

DUKE REALTY CORP (DRE): Free Stock Analysis Report


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