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How to Buy Great Ajax Stock

Great Ajax Corp

Great Ajax is a mortgage REIT company located in Oregon, United States, which is part of the Real Estate sector, and is traded under the ticker AJX on the NYSE exchange.

Great Ajax stock last closed at $3.47, up 2.06% from the previous day, and has decreased 48.36% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.44 percentage points. Great Ajax stock is currently +5.15% from its 52-week low of $3.30, and -51.81% from its 52-week high of $7.20.

At the moment, there are 27.46M shares of AJX outstanding. The market value of AJX is $95.29M. In the last 24 hours, 114,683 AJX shares were traded.

How to Buy Great Ajax Stock

Wondering how to invest in Great Ajax stock? Here's how.
  1. Decide where to buy Great Ajax stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Great Ajax stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Choose your payment method and add your info.
  4. Research Great Ajax stock: The Great Ajax ticker symbol is AJX. Is Great Ajax stock a good investment? Should you buy shares of AJX? How do AJX's underlying business fundamentals look? Do top analysts think Great Ajax is a good buy? Why has AJX's stock price moved recently? (Hint: Our stock market analysis website can help you decide if AJX is a good stock to buy).
  5. Make your AJX trade: Decide if you will purchase AJX shares at the current market price or use a limit order to buy AJX stock at a particular price.
  6. Keep an eye on your AJX position: Create a watchlist to important updates regarding your investment in Great Ajax stock.

Step 1: Decide where to buy Great Ajax stock

You will need a brokerage account in order to access the NYSE market and buy AJX shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you can invest in AJX stock today.

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Step 3: Fund your investment account

Now that you've created your account on investing apps, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of transferring funds into your brokerage account.

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Step 4: Research Great Ajax stock

After you have selected the best place to buy Great Ajax stock, it's important to analyze their stock before you invest, so you truly understand the risk and opportunity.

Great Ajax Metrics

AJX Price
$3.47
1w %
-7.22%
1y %
-48.36%
5y %
-74.96%
P/E
-1.73x
P/B
0.31x
P/S
-4.94x
PEG
N/A
Revenue
-$17.07M
Earnings
-$49.26M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$95.29M
Next Earnings
May 2, 2024
Next Dividend
N/A

Fundamentals of AJX

WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.

You can see all of the due diligence checks on AJX's stock page.

How is AJX stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge AJX's fair value.

Using relative valuations ratios:

  • AJX may be undervalued based on its P/B ratio of 0.31x, relative to REIT - Mortgage industry P/B ratio of 0.7x

You can do more valuation research on AJX's stock here.

AJX Financial Health Summary

Positive Health Checks:

  • Total AJX debt is lower than 5 years ago, relative to shareholder equity.
  • AJX profit margin has gone up from -80.5% to 288.5% in the past year.

Negative Health Checks:

  • AJX has a relatively high debt to equity ratio of 3.32.

Is AJX stock a Buy, Hold, or Sell, according to analysts?

Out of 1 Wall Street analysts who track AJX, the consensus analyst rating on AJX is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Great Ajax stock forecast page.

AJX Momentum

SMA10
3.67
SMA20
3.71
SMA50
4.02
SMA100
4.61
SMA200
5.37
MACD
-0.13
MACD Signal
-0.13
MACD Histogram
-0.01
RSI
37.65
Stochastic %K
11.33
Stochastic %D
17.32
StochRSI %K
8.48
StochRSI %D
24.08

Who is buying/selling AJX?

Over the past year, insiders at AJX have bought more shares than they have sold.

Paul M. Friedman, Director of AJX, was the latest AJX insider to buy. They bought $14,999.60 worth of AJX shares on Mar 13, 2024.

Research more about who owns AJX stock here.

Can I rely on AJX as an income stream?

Great Ajax pays a dividend of 17.58%, compared to the REIT - Mortgage industry's average dividend yield of 13.88%. If you owned $1,000 worth of AJX stock, you would have been paid $175.79 in the past year.

Great Ajax dividend payments have not consistently grown over the past 9 years and have not remained stable.

Find more analysis about Great Ajax dividend yield and history here.

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Step 5: Make your AJX trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Keep an eye on your AJX position

Now that you own some AJX stock, you'll want to keep up with your new stock purchase.

Make a watchlist to get notified of important updates regarding your AJX stock.

AJX Feed

How to Buy Stock in Great Ajax

To summarize, here are the 6 steps for buying Great Ajax stock:

  1. Decide where to buy Great Ajax stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Research Great Ajax stock
  5. Make your AJX trade
  6. Keep an eye on your AJX position

If you need a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Great Ajax, add AJX to your watchlist by clicking the button below.

NYSE: AJX
$3.47+0.07 (+2.06%)
Updated Apr 19, 2024
Open eToro Account
NYSE: AJX
$3.47+0.07 (+2.06%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Great Ajax share?

As of Apr 19, 2024, it costs $3.47 to buy one share of Great Ajax stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.288 shares of AJX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Great Ajax stock?

According to 1 Wall Street analysts who monitor Great Ajax, their consensus recommendation is to buy Great Ajax stock.

What is the best way to buy Great Ajax stock?

One way to place an order for Great Ajax stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.