AMREP Stock Crosses Above 200-Day Moving Average

Shares of AMREP Corporation (NYSE:AXR) hit a new high after crossing above their 200-day moving average.

Published on Mar. 12, 2026

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AMREP Corporation, a Denver-based company specializing in land development and natural resource management, saw its stock price rise after crossing above its 200-day moving average on Wednesday. The stock traded as high as $24.43 before closing at $23.92, with 2,866 shares changing hands.

Why it matters

Crossing above the 200-day moving average is often seen as a bullish technical indicator, suggesting the stock may be entering a new upward trend. This development could signal increased investor interest and potential future gains for AMREP.

The details

AMREP's stock has a 200-day moving average of $22.32, and the company has a market capitalization of $127.02 million, a price-to-earnings ratio of 12.27, and a beta of 1.41. The stock has a 50-day moving average price of $22.61 and a 200-day moving average price of $22.32.

  • AMREP's stock crossed above its 200-day moving average on Wednesday, March 12, 2026.

The players

AMREP Corporation

A Denver-area based company specializing in land development and natural resource management, serving both individual and institutional clients in the western United States.

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The takeaway

The rise in AMREP's stock price above its 200-day moving average suggests the company may be entering a new phase of growth, which could be of interest to investors looking for opportunities in the real estate and natural resource management sectors.