AMREP Co. (NYSE:AXR – Get Rating)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.61 and traded as low as $11.97. AMREP shares last traded at $12.74, with a volume of 55,151 shares changing hands.
Analyst Ratings Changes
Separately, TheStreet cut AMREP from a "b" rating to a "c+" rating in a research report on Friday, July 15th.
Get AMREP alerts:AMREP Stock Down 2.7 %
The company's fifty day moving average price is $13.52 and its 200-day moving average price is $12.61. The stock has a market capitalization of $66.95 million, a PE ratio of 5.44 and a beta of 0.91.
AMREP (NYSE:AXR – Get Rating) last released its earnings results on Thursday, July 21st. The business services provider reported $1.41 earnings per share (EPS) for the quarter. AMREP had a net margin of 25.53% and a return on equity of 18.04%. The firm had revenue of $25.92 million during the quarter.About AMREP
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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.
Further Reading
- Get a free copy of the StockNews.com research report on AMREP (AXR)
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