Is This Stock a Screaming Buy: America First Multifamily Investors, L.P. (NASDAQ:ATAX)

Equity Research firms currently have a positive stance on shares of America First Multifamily Investors, L.P. (NASDAQ:ATAX). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $6.00 on a short term basis.

At the time of writing, the stock was trading at $5.74. This represents a change from the opening price of -0.17%. In terms of performance, year to date, the stock is 13.24%. The monthly stock performance comes in at -4.50%. For the quarter, shares are performing at 3.06%. Weekly performance analysis shows the equity at -4.34%.

In taking a look at technical levels, shares are trading -1.66% away from the 50 day simple moving average and 6.58% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -6.06% away from it’s 52- week high and 34.43% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, America First Multifamily Investors, L.P.’s RSI stands at 38.51. In looking at volatility levels, the shares saw weekly volatility of 2.55% and 1.96% over the past month.

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