Ashford Hospitality Prime Inc (AHP) was among the biggest gainers on the Russell 2000 for Tuesday January 26 as the stock popped 5.87% to $11.18, representing a gain of $0.62 per share. Some 83,660 shares traded hands on 805 trades, compared with an average daily volume of 199,860 shares out of a total float of 28.47 million. The stock opened at $10.50 and traded with an intraday range of $11.29 to $10.42.
After today's gains, Ashford Hospitality Prime Inc reached a market cap of $318.31 million. Ashford Hospitality Prime Inc has had a trading range between $18.08 and $9.14 over the last year, and it had a 50-day SMA of $13.40 and a 200-day SMA of $14.44.
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.
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