AMREP (NYSE:AXR) Getting Somewhat Positive News Coverage, Accern Reports
Media headlines about AMREP (NYSE:AXR) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. AMREP earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 47.0696568717686 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, TheStreet upgraded shares of AMREP from a “d+” rating to a “c” rating in a report on Thursday, June 8th.
AMREP (NYSE:AXR) traded up 0.44% during trading on Tuesday, hitting $6.90. 4,416 shares of the company’s stock traded hands. The company’s market cap is $55.57 million. The company’s 50 day moving average price is $6.81 and its 200 day moving average price is $6.52. AMREP has a 52-week low of $5.17 and a 52-week high of $8.14.
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Amrep Corporation is a holding company. The Company, through its subsidiaries, operates through two segments: real estate operations and fulfillment services. The Company conducts its real estate business through AMREP Southwest Inc (AMREP Southwest) and its subsidiaries, with its activities occurring primarily in the City of Rio Rancho and certain adjoining areas of Sandoval County, New Mexico.
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