Equity Coverage on Mortgage REITs Industry - American Capital Agency, NYSE Mortgage Trust, ARMOUR Residential REIT, Two Harbors Investment, and Resource Capital
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LONDON, December 4, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: American Capital Agency Corporation (NASDAQ: AGNC), New York Mortgage Trust Inc. (NASDAQ: NYMT), ARMOUR Residential REIT Inc. (NYSE: ARR), Two Harbors Investment Corporation (NYSE: TWO), and Resource Capital Corporation (NYSE: RSO). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, December 03, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,912.62, up 0.18% and the NASDAQ Composite closed at 4,774.47, up 0.39%. The S&P 500 finished the session 0.38% higher at 2,074.33. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 330.20, up 0.42%, with the index advancing 4.91% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Shares in American Capital Agency Corp. edged 0.04% higher, to close the day at $23.15. The stock recorded a trading volume of 2.27 million shares, below its three months average volume of 4.64 million shares. The company's shares oscillated between $23.06 and $23.18 during the session. Over the last three trading sessions and over the past one month, American Capital Agency Corp.'s shares have advanced 0.33% and 2.23%, respectively. Further, the stock has gained 20.01% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. American Capital Agency Corp.'s shares 200-day moving average of $22.82 is above its 50-day moving average of $22.56. Additionally, the stock has a Relative Strength Index (RSI) of 57.73. Sign up and read the free notes on AGNC at:
www.Investor-Edge.com/AGNC-04Dec2014
On Wednesday, shares in New York Mortgage Trust Inc. recorded a trading volume of 0.93 million shares, lower than its three months average volume of 1.61 million shares. The stock ended the day at $8.05, which was 0.12% above its previous day's closing of $8.04, and registered an intraday range of $8.02 and $8.07. Shares of the company traded at a PE ratio of 5.71. New York Mortgage Trust Inc.'s shares have gained 0.12% in the previous three trading sessions, 2.55% in the last one month, and 15.16% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $7.74 and $7.75, respectively. Furthermore, shares of New York Mortgage Trust Inc. have an RSI of 55.49. The complimentary notes on NYMT can be downloaded as in PDF format at:
www.Investor-Edge.com/NYMT-04Dec2014
Shares in ARMOUR Residential REIT Inc. on Wednesday's session closed flat at the previous day's closing price of $3.95. The stock recorded a trading volume of 2.00 million shares, below its three months average volume of 3.35 million shares. The company's shares fluctuated between $3.94 and $3.95 during the session. ARMOUR Residential REIT Inc.'s shares have fallen by 1.50% since the beginning of 2014. Further, the stock has lost 0.25% over the last one month and 6.40% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. ARMOUR Residential REIT Inc.'s shares 200-day moving average of $4.17 is above its 50-day moving average of $3.97. Additionally, the stock has an RSI of 48.37. Register for free on Investor-Edge and access the latest research on ARR at:
www.Investor-Edge.com/ARR-04Dec2014
On Wednesday, shares in Two Harbors Investment Corp. fluctuated between $10.41 and $10.49 before ending the session 0.48% higher at $10.46. The stock reported a trading volume of 2.13 million shares, lower than its three months average volume of 2.79 million shares. Shares of the company traded at a PE ratio of 8.57. Although Two Harbors Investment Corp.'s stock has fallen by 0.48% in the previous three trading sessions, it has advanced 2.65% in the last one month and 12.72% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $10.10 and $10.32, respectively. Moreover, shares of Two Harbors Investment Corp. have an RSI of 60.97. The complete research on TWO is available for free at:
www.Investor-Edge.com/TWO-04Dec2014
Resource Capital Corp.'s stock finished Wednesday's session 0.38% higher at $5.32. A total of 0.54 million shares were traded, which was below its three months average volume of 0.96 million shares. The stock vacillated between $5.27 and $5.33 during the session. Over the previous three trading sessions and over the last one month, Resource Capital Corp.'s shares have advanced 0.95% and 0.76%, respectively. However, from the beginning of 2014, the stock has lost 10.29%. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $5.46 is greater than its 50-day moving average of $5.09. Resource Capital Corp.'s stock traded at a PE ratio of 18.19 and has an RSI of 61.34. Free in depth research on RSO is available at:
www.Investor-Edge.com/RSO-04Dec2014
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