Revenue Update on America First Multifamily Investors LP(NASDAQ:ATAX)

America First Multifamily Investors LP(NASDAQ:ATAX) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 5, 2016. Earnings per share were $0.15.

America First Multifamily Investors LP (ATAX) made into the market gainers list on Wednesdays trading session with the shares advancing 0.17% or 0.01 points. Due to strong positive momentum, the stock ended at $5.73, which is also near the day’s high of $5.73. The stock began the session at $5.72 and the volume stood at 1,85,150 shares. The 52-week high of the shares is $5.77 and the 52 week low is $4.27. The company has a current market capitalization of $345 M and it has 6,02,52,928 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 16, 2016, George H Krauss (director) purchased 1,310 shares at $5.40 per share price.Also, On Mar 21, 2016, Patrick J Jung (director) purchased 2,800 shares at $5.24 per share price.On Nov 12, 2015, Michael B Yanney (Chairman Emeritus of GP of GP) sold 19,000 shares at $5.35 per share price, according to the Form-4 filing with the securities and exchange commission.

America First Multifamily Investors L.P. is engaged in acquiring holding selling and dealing with a portfolio of federally tax-exempt mortgage revenue bonds. The Company’s bonds are issued to provide construction and/or permanent financing of multi-family residential properties. It owns 55 mortgage revenue bonds. It holds interests in nine multifamily (MF) Properties containing 2163 rental units of which three are located in Nebraska one is located in Kansas one is located in Kentucky one is located in Indiana one is located in Georgia and two are located in Texas. The Company operates in five business segments: Mortgage Revenue Bond Investments MF Properties Public Housing Capital Fund Trusts MBS Investments and Consolidated VIEs.

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