AMREP Corporation (NYSE: AXR) stated a $196K net loss for its 2020 fiscal Q1

On Yesterday, AMREP Corporation (NYSE: AXR) shares recorded trading volume 10K shares as compared to its average volume of 10.47K shares. The shares price traded between $5.6 and $5.81 during the last trading session gained with 0.7% at $5.79. Over the one year trading period, the stock has a peak price of $7.45 and its down is recorded at $5.

AMREP Corporation (NYSE: AXR), recently stated a net loss of $196K, or $0.02 per share, for its 2020 fiscal first quarter ended July 31, 2019 contrast to net income of $61K, or $0.01 per share, for the same period of the previous year.

The previous year’s results reflected a net loss from continuing operations of $662K and net income from discontinued operations of $723K. Discontinued operations resulted from the sale of AMREP’s fulfillment services business in April 2019.

The average true range of AMREP Corporation’s (AXR) is recorded at 0.24 and the relative strength index of the stock stands 48.48. The stock price is going above to its 52 week low with 15.80% and lagging behind from its 52 week high with -22.28%. Analyst recommendation for this stock stands at # ref. A look on the firm performance, its monthly performance is -1.03% and a quarterly performance of 4.70%. The stock price is trading upbeat from its 200 days moving average with 0.03% and up from 50 days moving average with 0.52%.

Clint Lewis

Clint Lewis –Business I am Clint Lewis I have finished my four-year college education in English writing and I hold a master’s degree in Business from Stanford University. Writing about business and finance is in great interest. I have great command overwriting due to my five-year experience which incorporates articles, web substances, and web journals. I generally love to play with work, in both my profession and education.  I additionally had teaching experience of 2 years at the eminent college to show business and specialized composition and presently, I am working as an educator and preparing writer and creator. I am unimaginably social, and I love to travel and investigate the world.

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