Lowering The 52 Week Low, Ashford Hospitality Trust, Inc. (NYSE:AHT) Closing At $4.87

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Ashford Hospitality Trust, Inc. (NYSE:AHT)

December 6th, 2018
Ashford Hospitality Trust, Inc. finished up $0.05 Thursday, up 1.04%, closing at $4.87. Despite ending the day higher, Ashford Hospitality Trust, Inc. hit a new 52 week low of $4.70, breaking the previous low of $4.80 from earlier this month. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be 0.08.

AHT was outperformed by the rest of the Real Estate sector which went up 2.67%.

Expectations from 6 analysts suggest that Ashford Hospitality Trust, Inc. could increase significantly (49%).

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.67%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials experienced turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.67% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.09% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.38% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Ashford Hospitality Trust, Inc. Info

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

All amounts in USD unless otherwise indicated

(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that Ashford Hospitality Trust, Inc.’s score is 0.08) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.

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