AMREP (AXR) Earning Somewhat Favorable Media Coverage, Report Shows

Media stories about AMREP (NYSE:AXR) have trended somewhat positive on Monday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. AMREP earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.7581860347359 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of AMREP (NYSE:AXR) opened at $6.99 on Monday. The stock has a market cap of $56.61, a P/E ratio of 58.25 and a beta of 0.32. AMREP has a 52-week low of $5.17 and a 52-week high of $7.60.

AMREP (NYSE:AXR) last posted its quarterly earnings results on Tuesday, December 12th. The business services provider reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $9.18 million for the quarter. AMREP had a net margin of 2.47% and a return on equity of 1.25%.

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About AMREP

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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