Great Ajax Corp. (AJX): Is it worth Buying?

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Great Ajax Corp. (NYSE:AJX) changes shares on Tuesday trading session, with a change of 3.22% or $0.3 shares. The trading starts at $9.57 and closed at $9.31 throughout the day. The trading session low price was $9.30 and day high was $9.85 on Tuesday, June 16. After the session, the Real Estate sector daily volume shifted to 0.14 million while its average volume is 239.26K. In other hand, the AJX market cap reached to $208.92M. While, its current target price is $9.61 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.33% and up 31.28% for month. Its quarterly performance was 5.14% above, while its half year performance is down -34.22%. AJX yearly performance stood at negative -24.65% and fall -32.84% for year-to-date. Current recommendation for Great Ajax Corp. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AJX EPS (TTM) for 12-month is 0.95. EPS for this year is 12.40%, while for the next year its value is 1.26. Its EPS Q/Q reached -92.90%. It has an EPS of 31.10% up for past five years.

Let’s take a look on the analyst recommendations on AJX for the current month and previous month. For the current month, 3 of 4 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 2 analysts participate in stock recommendation. Out of 2, 0 rated it sell, 2 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $10.50-$16.00. Average target price for AJX was reached at $12.88.

Wellington Management Company, LLP, Vanguard Group, Inc. (The) and FMR, LLC are the top three holders in Great Ajax Corp. (AJX) stock. On Mar 30, 2020, Wellington Management Company, LLP has 3.05 million shares which valued 19.39 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 2.37 million shares which valued at 15.07 million. On Mar 30, 2020, FMR, LLC has a total of 1.94 million shares which valued at 12.31 million. In the end, FMR, LLC have 8.45% shares outstanding of Great Ajax Corp. (AJX) on Mar 30, 2020. The insider ownership moved to 1.10% and institutional holding shifted to 73.10%.

The company posted an EPS (TTM) of 0.95. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 0.24, while 0.56 EPS posted a year ago period. Analyst Estimated EPS for AJX published in the report was 0.21-0.26 during the same period. Comparing with last year, the average estimated EPS was 0.56 which is higher than 0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AJX fall -22.16% for period of 200 days. SMA for 50 days was 19.49% which is showing green signal, while SMA-20 was 9.26%. The moving average value for Great Ajax Corp. (AJX) is 11.38 and 8.53 for 200 and 50 days respectively.