Research analysts at StockNews.com initiated coverage on shares of Great Ajax (NYSE:AJX – Get Rating) in a research note issued on Thursday. The brokerage set a “hold” rating on the real estate investment trust’s stock.
A number of other analysts also recently commented on AJX. B. Riley lowered their target price on Great Ajax from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday, March 8th. Raymond James lowered their price objective on Great Ajax from $11.00 to $10.50 and set an “outperform” rating on the stock in a research report on Monday. Finally, TheStreet lowered shares of Great Ajax from a “c-” rating to a “d” rating in a report on Friday, November 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $12.38.
Great Ajax Trading Down 2.3 %
NYSE AJX opened at $6.69 on Thursday. The company has a fifty day moving average of $8.37 and a 200 day moving average of $8.15. The company has a market capitalization of $154.74 million, a PE ratio of -5.31 and a beta of 1.80. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.86 and a quick ratio of 1.86. Great Ajax has a 1 year low of $6.53 and a 1 year high of $11.78.
Institutional Inflows and Outflows
About Great Ajax
Great Ajax is an externally managed real estate investment trust (REIT) that acquires, invests, and manages a portfolio of mortgage loans secured by single-family residences and single-family properties.
- Get a free copy of the StockNews.com research report on Great Ajax (AJX)
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