Ashford Hospitality Prime (AHP) Receiving Favorable Press Coverage, Report Shows
Media stories about Ashford Hospitality Prime (NYSE:AHP) have been trending positive on Wednesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ashford Hospitality Prime earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.2627016965475 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
NYSE AHP traded up $0.03 during trading on Wednesday, hitting $10.38. 274,699 shares of the stock traded hands, compared to its average volume of 275,169. The stock has a market capitalization of $333.41 million, a PE ratio of 6.41 and a beta of 0.82. The company has a debt-to-equity ratio of 2.20, a current ratio of 4.22 and a quick ratio of 4.22. Ashford Hospitality Prime has a 12-month low of $8.44 and a 12-month high of $11.34.
Separately, Zacks Investment Research upgraded Ashford Hospitality Prime from a “sell” rating to a “hold” rating in a report on Thursday, March 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $11.67.
Ashford Hospitality Prime is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
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