Ashford Hospitality Prime Inc (AHP) Drops 10.3% on January 13

Equities Staff |

Ashford Hospitality Prime Inc (AHP) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 10.3% to $10.97, a loss of $-1.2599 per share. Starting at an opening price of $12.16 a share, the stock traded between $10.81 and $12.20 over the course of the trading day. Volume was 325,764 shares over 2,447 trades, against an average daily volume of 195,979 shares and a total float of 28.47 million.

The losses send Ashford Hospitality Prime Inc down to a market cap of $312.33 million. In the last year, Ashford Hospitality Prime Inc has traded between $18.08 and $10.16, and its 50-day SMA is currently $14.09 and 200-day SMA is $14.67.

Ashford Hospitality Prime, Inc.is a real estate investment trust. It invests in high revenue per available room, luxury, upper-upscale and upscale hotels.

Ashford Hospitality Prime Inc is based out of Dallas, TX and has some 0 employees. Its CEO is Montgomery J. Bennett.

For a complete fundamental analysis analysis of Ashford Hospitality Prime Inc, check out Equities.com’s Stock Valuation Analysis report for AHP. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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