Chimera Investment Corporation (CIM) : During the past 4 weeks, traders have been relatively bearish on Chimera Investment Corporation (CIM), hence the stock is down -4.32% 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 -3.61% relative to the S&P 500. The 4-week change in the price of the stock is -4.83% and the stock has fallen -3.45% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.06% and the 50-Day Moving Average is 0.11%.The 200 Day SMA reached 16.81%
Chimera Investment Corporation (NYSE:CIM): The stock opened in the green at $16.15 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $16.24 and a low of $15.95 for the day. The stock did not find buyers even at the lows and closed at $15.95 recording a loss of -1.18%. 1,648,356 shares exchanged hands during the trading day. The stock had closed at $15.95 in the previous days trading.
Chimera Investment Corporation (CIM) : 3 investment research analysts covering Chimera Investment Corporation (CIM) have an average price target of $16 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $15 for the short term. Analysts expect the variance to be within $1.32 of the average price.
Chimera Investment Corporation is a specialty finance company. The Company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company.