Is AMREP Corporation's (NYSE:AXR) Latest Stock Performance A Reflection Of Its Financial Health?

By Yahoo! Finance | Oct 20, 2024 at 08:15 AM EST

AMREP's stock has surged 33% in the past three months. Analyzing its Return on Equity (ROE) of 7.7%, higher than the industry average, indicates potential for growth. With high earnings retention and reinvestment, the company shows promise for future earnings expansion.

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