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Shares of AJX Up 31.5% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Great Ajax Corp (NYSE:AJX) on April 7th, 2020 at $5.93. In approximately 1 month, Great Ajax Corp has returned 31.48% as of today's recent price of $7.79.

Great Ajax Corp share prices have moved between a 52-week high of $15.96 and a 52-week low of $3.96 and are now trading 97% above that low price at $7.79 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 4.2%.

Great Ajax Corp. is a real estate investment trust. The Company acquires, invests, and manages a portfolio of mortgage-based loan assets secured by single and multi family residences, commercial retail, and residential properties.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Great Ajax Corp shares.

Log in and add Great Ajax Corp (AJX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights great ajax corp

Ticker(s): AJX