Great Ajax (NYSE:AJX) Releases Quarterly Earnings Results, Beats Estimates By $0.26 EPS

Great Ajax (NYSE:AJX) issued its earnings results on Monday. The real estate investment trust reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.26, RTT News reports. The firm had revenue of $12.35 million for the quarter. Great Ajax had a negative return on equity of 6.68% and a negative net margin of 181.85%. During the same quarter in the previous year, the company earned ($0.25) EPS.

Great Ajax Stock Performance

NYSE:AJX opened at $3.30 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $130.56 million, a PE ratio of -0.81 and a beta of 1.90. Great Ajax has a fifty-two week low of $2.98 and a fifty-two week high of $6.01. The company has a fifty day moving average of $3.32 and a two-hundred day moving average of $3.47.

Wall Street Analyst Weigh In

Separately, BTIG Research started coverage on Great Ajax in a research report on Tuesday, September 10th. They issued a “neutral” rating on the stock.

About Great Ajax

Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties.