Capstead Mortgage Corporation (CMO) : During the past 4 weeks, traders have been relatively bearish on Capstead Mortgage Corporation (CMO), hence the stock is down -5.66% 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 -3.74% relative to the S&P 500. The 4-week change in the price of the stock is -6.17% and the stock has fallen -3.58% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.86% and the 50-Day Moving Average is 3.49%.The 200 Day SMA reached 2.87%
Capstead Mortgage Corporation (NYSE:CMO): After opening at $9.42, the stock dipped to an intraday low of $9.37 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $9.48 and the buying power remained strong till the end. The stock closed at $9.43 for the day, a gain of 0.21% for the day session. The total traded volume was 1,190,785. The stocks close on the previous trading day was $9.43.
Capstead Mortgage Corporation (CMO) : Currently there are 3 street experts covering Capstead Mortgage Corporation (CMO) stock. The most bullish and bearish price target for the stock is $12 and $10 respectively for the short term. The average price target of all the analysts comes to $10.58. The estimated standard deviation from the target is $1.01.
Capstead Mortgage Corporation is a self-managed real estate investment trust (REIT). The Company invests in a leveraged portfolio of residential mortgage pass-through securities consisting exclusively of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by Government-sponsored enterprises (GSEs), either Fannie Mae or Freddie Mac (together, the GSEs), or by an agency of the federal Government, Ginnie Mae. As of December 31, 2014, the Companys long-term investment capital totaled $1.49 billion and consisted of $1.21 billion of common and $184 million of perpetual preferred stockholders equity (recorded amounts) and $100 million of unsecured borrowings. The Company offers residential mortgage securities classified as held-to-maturity.