American Capital Agency (AGNC) has risen sharply, recording gains of 0.61% in the past 4 weeks. However, the stock has corrected -0.81% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.82% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.57% and the fifty day Moving Average is 1.42%. American Capital Agency Corp. is up 6.57% in the last three month period. Year-to-Date the stock performance stands at 22.66%.
American Capital Agency (AGNC) : Average target price received by American Capital Agency (AGNC) is $20.79 with an expected standard deviation of $0.99. The most aggressive target on the stock is $22, whereas the most downbeat target is $20. 7 financial analysts are currently covering the stock.
American Capital Agency (NASDAQ:AGNC): On Fridays trading session , Opening price of the stock was $19.91 with an intraday high of $19.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.65. However, the stock managed to close at $19.71, a loss of 0.86% for the day. On the previous day, the stock had closed at $19.88. The total traded volume of the day was 2,923,513 shares.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.