Annaly Capital Management Inc (NLY) : During the past 4 weeks, traders have been relatively bearish on Annaly Capital Management Inc (NLY), hence the stock is down -2.32% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.44% relative to the S&P 500. The stock has risen by 0.1% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.3% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.85% and the 50-Day Moving Average is 3.58%.The 200 Day SMA reached 5.14% Annaly Capital Management, Inc. is up 2.08% in the last 3-month period. Year-to-Date the stock performance stands at 18.56%.
Annaly Capital Management Inc (NLY) : 6 Wall Street analysts covering Annaly Capital Management Inc (NLY) believe that the average level the stock could reach for the short term is $11. The maximum price target given is $12 and the minimum target for short term is around $10, hence the standard deviation is calculated at $0.71.
Company shares have received an average consensus rating of Hold for the current week Annaly Capital Management Inc (NYSE:NLY): stock was range-bound between the intraday low of $10.4 and the intraday high of $10.53 after having opened at $10.5 on Fridays session. The stock finally closed in the red at $10.5, a loss of -0.57%. The stock remained in the red for the whole trading day. The total traded volume was 10,617,818 shares. The stock failed to cross $10.53 in Fridays trading. The stocks closing price on Thursday was $10.47.
Annaly Capital Management, Inc. is a mortgage real estate investment trust (REIT). The Company uses its capital coupled with borrowed funds to invest in real estate related investments, earning the spread between the yield on its assets and the cost of its borrowings. It owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, other securities representing interests in or obligations backed by pools of mortgage loans, commercial real estate assets and corporate debt. The Companys business operations consist of Annaly (the parent company), Annaly Commercial Real Estate Group, Inc. (ACREG), RCap Securities, Inc., Fixed Income Discount Advisory Company (FIDAC), Annaly Middle Market Lending LLC and Shannon Funding LLC.