Great Ajax Corp T.AJX

Primary Symbol: AJX

Real Estate

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.

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Great Ajax Corp

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Post by barmac6on Nov 19, 2013 11:49am

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Agjunction PT Raised to C$1.40

Agjunction PT Raised to C$1.40 at Pi Financial (AJX)

Posted by Ethan Ryder on Nov 18th, 2013 // No Comments

Agjunction (TSE:AJX) had its price objective raised by Pi Financial from C$1.25 to C$1.40 in a research report released on Friday morning, StockRatingsNetwork.com reports. Pi Financial currently has a buy rating on the stock.

Shares of Agjunction (TSE:AJX) traded up 3.57% during mid-day trading on Friday, hitting $1.16. The stock had a trading volume of 49,900 shares. Agjunction has a one year low of $0.90 and a one year high of $1.20. The stock’s 50-day moving average is $1.04 and its 200-day moving average is $0.97.

A number of other analysts have also recently weighed in on AJX. Analysts at Paradigm Capital raised their price target on shares of Agjunction from C$0.90 to C$1.20 in a research note to investors on Friday. They now have a hold rating on the stock. Analysts at National Bank Financial raised their price target on shares of Agjunction from C$0.90 to C$1.00 in a research note to investors on Thursday. They now have an underperform rating on the stock.

AgJunction Inc, formerly Hemisphere GPS Inc, is engaged in the design, manufacture and sale of global navigation satellite system (TSE:AJX) products for positioning, guidance and machine control applications in agriculture, marine and other markets.