Amrep Corporation (AXR, Financial) experienced significant stock movement with a sharp decline of 6.83% in its share price. The stock is currently priced at $33.15, with a trading volume of 15,644 shares and a turnover rate of 0.30%. The stock's volatility is marked by an amplitude of 8.59%.
Amrep's latest financial report shows revenues of $19.09 million and a net profit of $4.06 million. The earnings per share stand at $0.77, with the company lacking gross profit data. The price-to-earnings (P/E) ratio is noted at 18.84. Currently, there are no institutional investment recommendations on buying, holding, or selling the stock.
Within the real estate sector, in which Amrep operates, the overall decrease was a marginal 0.01%. Some of its sector peers like Anywhere Real Estate Inc. and Landsea Homes Corporation exhibited notable increases. Other active stocks include Fangdd, Gaucho Group Holdings, and Mingdajiahe, with turnover rates of 101.27%, 25.05%, and 14.50% respectively. Stocks with significant price swings include Fangdd, Alset Inc., and Ohmyhome Limited, showing amplitudes of 26.65%, 16.54%, and 14.96%.
Amrep Corporation specializes in real estate activities through its subsidiaries, mainly focusing on land sales and leasing. The company's operations encompass land development and residential construction, with the majority of its revenue generated from land development activities. All company activities are based across various regions in the United States.
