Axos Financial Inc. (NYSE:AX) traded today at a new 52-week high of $60.38. So far today approximately 56,000 shares have been exchanged, as compared to an average 30-day volume of 231,000 shares.
Axos Financial Inc. share prices have moved between a 52-week high of $60.38 and a 52-week low of $27.88 and are now trading 113% above that low price at $59.32 per share.
Axos Financial Inc. (NYSE:AX) is currently priced 5.5% above its average consensus analyst price target of $56.05.
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank’s mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank’s revenue.
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