America First Multifamily Investors (NASDAQ:ATAX) Upgraded to Buy by BidaskClub
Shares of ATAX stock opened at $7.36 on Friday. The company has a 50 day moving average of $7.11 and a 200-day moving average of $6.94. The firm has a market cap of $447.15 million, a P/E ratio of 12.33 and a beta of 0.32. America First Multifamily Investors has a 12-month low of $5.17 and a 12-month high of $7.49. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.78.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Friday, June 28th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 6.79%. The ex-dividend date of this dividend was Thursday, June 27th.
America First Multifamily Investors Company Profile
America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments.
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