StockNews.com began coverage on shares of AMREP (NYSE:AXR – Get Rating) in a research report report published on Tuesday morning. The brokerage issued a buy rating on the business services provider’s stock.
AMREP Trading Up 2.1 %
Shares of AMREP stock opened at $14.25 on Tuesday. The business’s 50 day simple moving average is $14.15 and its 200-day simple moving average is $12.88. The stock has a market capitalization of $74.81 million, a price-to-earnings ratio of 2.56 and a beta of 0.97. AMREP has a twelve month low of $10.26 and a twelve month high of $16.72.
AMREP (NYSE:AXR – Get Rating) last announced its quarterly earnings data on Monday, March 13th. The business services provider reported $3.12 earnings per share (EPS) for the quarter. AMREP had a return on equity of 35.19% and a net margin of 51.42%. The business had revenue of $9.12 million during the quarter.
Institutional Investors Weigh In On AMREP
AMREP Company Profile
AMREP Corp. engages in the real estate businesses. It focuses on the entitlement, development and sale of land for residential, commercial, and industrial uses. The firm operates through the following segments: Land Development, Homebuilding, and Corporate. The company was founded in 1961 and is headquartered in Havertown, PA.
- Get a free copy of the StockNews.com research report on AMREP (AXR)
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