Ashford Hospitality Prime, Inc. (NYSE:AHP) has a mean price target of $14.58 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.27 a share for the very next quarter and $1.65 for this year.
The technical study of Ashford Hospitality Prime, Inc. demonstrates that the 50-day moving average of Ashford Hospitality Prime, Inc. (NYSE:AHP) stock is $15.36, and is trading $-0.79 points away or -5.12% from 50-day moving average of $15.36. It is trading $1.61 or +12.38% away 200-day moving average of $12.96.
The 52-week high of Ashford Hospitality Prime, Inc. (NYSE:AHP) was $17.64 while $8.37 is the low mark in the same period. It state Ashford Hospitality Prime, Inc. share price has to surge more than $-3.07 to hit 52-week high or drop +74.07% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Ashford Hospitality Prime, Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Ashford Hospitality Prime, Inc. (NYSE:AHP) ratio came in at N/A, after dividing current equity price by yearly earnings. Ashford Hospitality Prime, Inc. stock recorded a close of $14.57 in last trading session, registering a market cap of $373.63M.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Ashford Hospitality Prime, Inc. (NYSE:AHP) PEG ratio is at 0.66.
1 Chart Pattern Every Investor Should Know
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