Great Ajax (NYSE: AJX) will make public the most recent information regarding the company’s quarterly results after the stock market closes on Thursday, March 2, 2019. Specialists in the relevant field hold the majority opinion that the corporation will report quarterly earnings of $0.19 per share.
In the meantime, a research study on Great Ajax published by TheStreet on Friday, November 25, lowered the company’s rating from a “c-” to a “d.” The study was conducted on the company’s performance over the past three months.
Most financial analysts have suggested that investors purchase the stock, and only one has suggested that investors keep the same holdings they already have.
The information provided by Bloomberg indicates that the company is currently rated as having an average rating of “Moderate Buy” and that the average price target is $13.50.
The AJX finished the trading session on Friday at $0.19 lower, at $8.49. Compared to the typical number of 59,196 shares, the amount of stock that was purchased was 7,822 shares. Over the past 50 and 200 trading days, the price of a share of the company’s stock has fluctuated between $8.26 and $8.38.
The price of Great Ajax has fluctuated significantly over the past 52 weeks, going as low as $7.02 and as high as $11.78.
The debt-to-equity ratio, the current ratio, and the quick ratio all have the same value, which is 1.89.
The company’s market capitalization is currently at $194.34 million, and its beta value is 1.79.
The company has a price-to-earnings ratio of 13.44.
On December 13, Mary B.
Doyle, who serves as the Chief Financial Officer of Great Ajax, sold 3,612 shares of the company’s stock.
This is another piece of news.
A total of $27,306.72 worth of stock was bought and sold for $7.56 for each share, making the transaction total for the stock.
The chief financial officer now owns 95,759 business shares, which have a combined value of approximately 723,938.04 dollars after the completion of the sale.
Additional information regarding the transaction can be found in a document sent to the SEC and is now available online.
A 6.00% ownership stake is held by people working within the company.
Recent market activity has been marked by a small but significant number of investors who have been buying and selling AJX stock.
The fourth quarter saw Wells Fargo & Company, Minnesota, increase the amount of money it had invested in Great Ajax by 194.1 percent. Following the acquisition of an additional 3,205 shares during the most recent quarter, Wells Fargo & Company MN now holds a total of 4,856 shares of the stock of the $35,000 real estate investment trust.
Each share of this real estate investment trust’s stock is valued at $4,856; the total value of these shares is $4,856.
Around $80,000 was spent during the fourth quarter to bring Virtu Finance LLC’s ownership in Great Ajax to a higher level.
This was accomplished by purchasing additional shares.
Barclays PLC acquired 72.5 percent of Great Ajax during the fourth quarter.
Barclays PLC increased the number of shares it owns in the real estate investment trust by purchasing an additional 5,206 shares during the most recent quarter, bringing the total number of shares it owns in the REIT to 12,389.
This brought the total value of its holdings to $89,000.
MetLife Investment Management LLC increased the amount of Great Ajax stock held by 54.3 percent over the first three months of 2018.
As a result of the recent purchase of 4,270 additional shares during the most recent quarter, MetLife Investment Management LLC now has 12,130 shares of the real estate investment trust in its possession.
These shares are currently valued at a total of $142,000.
And last but not least, during the last three months of 2018, Citigroup INC increased the amount of Great Ajax stock it held by an astounding 502.1 percent. Citigroup INC now owns 30,341 shares of the real estate investment trust, valued at $220,000 after the company made an additional purchase of 25,302 shares during the most recent quarter. Currently, 74.63% of the company’s stock is owned by institutional investors and those who invest through hedge funds.
Great Ajax, a real estate investment trust (REIT) with external management, purchases, invests in, and manages a mortgage loan portfolio comprising single-family homes and mortgage loans for single-family properties.