share_log

AMREP (NYSE:AXR) Stock Price Passes Above 200 Day Moving Average of $12.60

Defense World ·  Aug 25, 2022 02:41

AMREP Co. (NYSE:AXR – Get Rating) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.60 and traded as high as $14.96. AMREP shares last traded at $14.41, with a volume of 1,026 shares.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered AMREP from a "b" rating to a "c+" rating in a report on Friday, July 15th.

Get AMREP alerts:

AMREP Stock Down 2.1 %

The stock has a fifty day moving average of $13.03 and a 200-day moving average of $12.60. The stock has a market cap of $75.72 million, a PE ratio of 6.55 and a beta of 0.92.

AMREP (NYSE:AXR – Get Rating) last released its quarterly earnings results on Thursday, July 21st. The business services provider reported $1.41 earnings per share (EPS) for the quarter. AMREP had a return on equity of 17.47% and a net margin of 25.39%. The firm had revenue of $25.92 million for the quarter.

About AMREP

(Get Rating)

AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company operates through two segments, Land Development and Homebuilding. The company sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. As of July 1, 2022, it owned approximately 17,000 acres in Sandoval County, New Mexico.

See Also

  • Get a free copy of the StockNews.com research report on AMREP (AXR)
  • 3 Payroll Software Makers Set For Growth In 2023
  • PENN Entertainment Stock is Reset and Ready to Rebound
  • NYSE Stocks Give Investors a Variety of Quality Options
  • Zoom Video Communications Valuation Is Realigned With Reality
  • The J.M. Smucker Company Proves Why Staples Are Outperforming

Receive News & Ratings for AMREP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMREP and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment