Axos Financial (NYSE:AX) Downgraded by StockNews.com to “Sell”
From MarketBeat:
Axos Financial was downgraded from a “hold” rating to a “sell” rating by StockNews.com, and other analysts also recently commented on the company. Shares of NYSE:AX traded up $0.31 during trading on Wednesday, reaching $56.76. The company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35.
In other news, insider activity showed that a director sold 3,000 shares of the firm’s stock, and the sale was disclosed in a filing with the Securities & Exchange Commission. Additionally, several institutional investors have recently modified their holdings of AX.
Axos Financial, Inc offers consumer and business banking products in the United States. Before considering investing in Axos Financial, MarketBeat suggests checking out the five stocks that top analysts are quietly whispering to their clients, as Axos Financial wasn’t on the list. Meanwhile, MarketBeat’s analysts have released their top five short plays for January 2024, highlighting stocks with the most short interest and how to trade them.
Read more: Axos Financial (NYSE:AX) Downgraded by StockNews.com to “Sell”