Technical Briefing on REITs Equities - AvalonBay Communities, ARMOUR Residential REIT, Two Harbors Investment, Hatteras Financial, and New Residential Investment
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LONDON, September 17, 2014 /PRNewswire/ --
On Tuesday, September 16, 2014, the NASDAQ Composite ended at 4,552.76, up 0.75%, the Dow Jones Industrial Average advanced 0.59%, to finish the day at 17,131.97, and the S&P 500 closed at 1,998.98, up 0.75%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 315.32, up 0.36%, with the index also advancing 4.21% in the previous three months. Investor-Edge has initiated coverage on the following equities: AvalonBay Communities Inc. (NYSE: AVB), ARMOUR Residential REIT Inc. (NYSE: ARR), Two Harbors Investment Corporation (NYSE: TWO), Hatteras Financial Corporation (NYSE: HTS), and New Residential Investment Corporation (NYSE: NRZ). Free research on these five companies can be accessed at:
http://investor-edge.com/register
AvalonBay Communities Inc.'s stock edged 0.91% higher, to close the day at $145.41. The stock recorded a trading volume of 0.94 million shares, above its three months average volume of 0.72 million shares. The stock oscillated between $144.39 and $145.84 during the session. Over the last three months and since the beginning of this year, AvalonBay Communities Inc.'s shares have gained 4.50% and 22.99%, respectively. However, the stock has lost 2.72% in the previous three trading sessions. The company's stock is trading above its 200-day moving average of $135.31, while the stock's 200-day moving average is below AvalonBay Communities Inc.'s stock's 50-day moving average of $149.82. Additionally, the stock traded at a PE ratio of 53.82 and has a Relative Strength Index (RSI) of 30.38. Sign up and read the free notes on AVB at:
http://www.Investor-Edge.com/AVB-17Sep2014
On Tuesday, shares in ARMOUR Residential REIT Inc. recorded a trading volume of 6.30 million shares, higher than its three months average volume of 2.92 million shares. The stock ended the day at $4.13, which was 0.72% below its previous day's closing of $4.16, and registered an intraday range of $4.07 and $4.17. ARMOUR Residential REIT Inc.'s shares have declined 2.59% in the previous three trading sessions and 1.67% in the last one month. However, the stock has advanced 2.99% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $4.23 and $4.18, respectively. Furthermore, shares of ARMOUR Residential REIT Inc. have an RSI of 35.34. The complimentary notes on ARR can be downloaded as in PDF format at:
http://www.Investor-Edge.com/ARR-17Sep2014
Two Harbors Investment Corp.'s stock edged 0.19% higher, to close Tuesday's session at $10.30, after oscillating between $10.18 and $10.32. The stock recorded a trading volume of 2.85 million shares, above its three months average volume of 2.51 million shares. Over the last one month and the previous three months, Two Harbors Investment Corp.'s shares have declined 2.18% and 2.74%, respectively. However, from the beginning of 2014, the stock has gained 10.99%. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $10.45 is above its 200-day moving average of $10.17. Further, Two Harbors Investment Corp.'s stock traded at a PE ratio of 64.38 and has an RSI of 37.53. Register for free on Investor-Edge and access the latest research on TWO at:
http://www.Investor-Edge.com/TWO-17Sep2014
Hatteras Financial Corp.'s stock finished Tuesday's session 0.36% lower at $19.27. A total of 1.40 million shares were traded, which was above its three months average volume of 0.95 million shares. The stock moved between $19.22 and $19.41 during the session. Hatteras Financial Corp.'s shares have fallen by 2.82% in the previous three trading sessions and 1.98% in the last one month. However, the stock has gained 17.93% since the beginning of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $19.59 is greater than its 200-day moving average of $19.03. Hatteras Financial Corp.'s stock has an RSI of 40.70. The complete research on HTS is available for free at:
http://www.Investor-Edge.com/HTS-17Sep2014
On Tuesday, shares in New Residential Investment Corp. fluctuated between $6.11 and $6.26 before ending Tuesday's session up 1.79%, at an intra-day high of $6.26. The stock reported a trading volume of 1.71 million shares, close to its three months average volume of 1.76 million shares. Shares of the company traded at a PE ratio of 5.31. Although, New Residential Investment Corp.'s shares have advanced 0.97% in the last one month, it has declined 0.48% in the previous three trading sessions and 5.16% on YTD basis. The company's stock is trading above its 50-day moving average of $6.24. Moreover, shares of New Residential Investment Corp. have an RSI of 40.83. Free in depth research on NRZ is available at:
http://www.Investor-Edge.com/NRZ-17Sep2014
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