News stories about Great Ajax (NYSE:AJX) have trended positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Great Ajax earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.4409209184752 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several research firms have recently weighed in on AJX. Zacks Investment Research lowered shares of Great Ajax from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. B. Riley restated a “buy” rating and set a $18.00 price objective on shares of Great Ajax in a research note on Wednesday, March 7th. Finally, TheStreet upgraded shares of Great Ajax from a “d” rating to a “c+” rating in a research note on Monday, February 12th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $16.50.
Shares of AJX stock traded up $0.01 on Wednesday, reaching $13.19. 30,458 shares of the company were exchanged, compared to its average volume of 35,923. Great Ajax has a twelve month low of $12.27 and a twelve month high of $15.40. The firm has a market cap of $242.57, a price-to-earnings ratio of 8.62 and a beta of 0.72. The company has a debt-to-equity ratio of 2.51, a quick ratio of 4.71 and a current ratio of 4.71.
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About Great Ajax
Great Ajax Corp. is an externally managed real estate company. The Company is focused on acquiring, investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and single-family properties. Its segment is focused on non-performing mortgages and re-performing mortgages.
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