This Morning's Technical Outlook on Mortgage Investment Stocks -- Essent, Hercules Capital, Arlington Asset Investment, and Nationstar Mortgage
NEW YORK, Dec. 15, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on ESNT, HTGC, AI, and NSM which is a click away at www.wallstequities.com/registration. On Thursday, benchmark US indices were in bearish colors as the NASDAQ Composite closed the trading session down 0.28%; the Dow Jones Industrial Average edged 0.31% lower; and the S&P 500 was down 0.41%. US markets made broad based losses with all sectors finishing the day in red. Pre-market today, WallStEquities.com reviews these four Mortgage Investment stocks: Essent Group Ltd (NYSE: ESNT), Hercules Capital Inc. (NYSE: HTGC), Arlington Asset Investment Corp. (NYSE: AI), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). With Wall St. Equities' free research reports get an edge over stock markets, sign up now at: www.wallstequities.com/registration
Essent Group
Hamilton, Bermuda-based Essent Group Ltd's stock finished Thursday's session 2.04% lower at $44.77. A total volume of 785,334 shares was traded. The Company's shares have advanced 14.56% over the previous three months, 40.61% in the last twelve months, and 38.31% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.22% and 15.10%, respectively. Furthermore, shares of Essent Group, which through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the US, have a Relative Strength Index (RSI) of 49.29.
On November 28th, 2017, research firm Wells Fargo resumed its 'Outperform' rating on the Company's stock. Our free and thorough report on ESNT awaits you at: www.wallstequities.com/registration/?symbol=ESNT
Hercules Capital
Shares in Palo Alto, California-based Hercules Capital Inc. ended at $13.06, down 0.31% from the last trading session. The stock recorded a trading volume of 351,097 shares. The Company's shares have gained 5.32% over the previous three months. The stock is trading below its 50-day moving average by 0.31%. Moreover, shares of Hercules Capital, which specializes in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies, have an RSI of 42.41.
On November 20th, 2017, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock. HTGC's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=HTGC
Arlington Asset Investment
Virginia-based Arlington Asset Investment Corp.'s stock ended yesterday's session 0.65% lower at $12.30 with a total trading volume of 455,102 shares, which was above its three months average volume of 440.58 thousand shares. The Company's shares have advanced 8.66% in the past month. The stock is trading above its 50-day moving average by 3.00%. Additionally, shares of the Company, which acquires mortgage-related and other assets, have an RSI of 62.72. Are you already registered with Wall St. Equities? Do so now for free, and get the report on AI at: www.wallstequities.com/registration/?symbol=AI
Nationstar Mortgage Holdings
On Thursday, shares in Coppell, Texas headquartered Nationstar Mortgage Holdings Inc. recorded a trading volume of 496,271 shares. The stock finished the day 1.63% lower at $18.13. The Company's shares have advanced 9.41% in the last one month. The stock is trading above its 200-day moving average by 4.35%. Furthermore, shares of Nationstar Mortgage, which provides servicing, origination, and transaction based services primarily to single-family residences in the US, have an RSI of 54.27.
On November 21st, 2017, research firm Piper Jaffray upgraded the Company's stock rating from 'Underweight' to 'Neutral'. Aspiring Member, please take a moment to register below for your free research report on NSM at: www.wallstequities.com/registration/?symbol=NSM
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