America First Multifamily Investors LP (NASDAQ:ATAX) shares reached a new 52-week high on Tuesday . The stock traded as high as $6.00 and last traded at $5.98, with a volume of 72,602 shares traded. The stock had previously closed at $5.99.

Several research analysts recently weighed in on the stock. TheStreet upgraded shares of America First Multifamily Investors from a “hold” rating to a “buy” rating in a research report on Thursday, August 11th. Zacks Investment Research cut shares of America First Multifamily Investors from a “hold” rating to a “sell” rating in a research report on Thursday, May 12th. Finally, Oppenheimer Holdings restated a “buy” rating on shares of America First Multifamily Investors in a research report on Tuesday, May 10th.

The company’s 50-day moving average price is $5.69 and its 200 day moving average price is $5.42. The firm has a market cap of $361.51 million and a price-to-earnings ratio of 16.62.

America First Multifamily Investors (NASDAQ:ATAX) last announced its earnings results on Friday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.07. On average, equities analysts predict that America First Multifamily Investors LP will post $0.48 EPS for the current fiscal year.

In other news, CEO Chad L. Daffer bought 28,000 shares of the company’s stock in a transaction on Thursday, August 11th. The shares were acquired at an average cost of $5.65 per share, with a total value of $158,200.00. Following the completion of the transaction, the chief executive officer now owns 73,486 shares of the company’s stock, valued at approximately $415,195.90. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

America First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties.

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