MFA Financial (NYSE:MFA) : During the past 4 weeks, traders have been relatively bearish on MFA Financial (NYSE:MFA), hence the stock is down -2.26% 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 -0.86% relative to the S&P 500. The stock has risen by 0.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.68% in the past 4 weeks.
The company shares have dropped -4.33% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $7.75 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $7.21 and the 200 Day Moving Average price is recorded at $6.82.
The stock has recorded a 20-day Moving Average of 2.57% and the 50-Day Moving Average is 4.65%.
MFA Financial (NYSE:MFA): The stock was completely flat for the day, closing at $7.30 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $7.30, the stock touched an intraday high of $7.33 and a low of $7.27. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $7.30. The total trading volume on Friday was 1,352,105.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Executive Vice President) of Mfa Financial, Inc., Freydberg Ronald A had purchased shares worth of $125,000 in a transaction dated on December 15, 2015. A total of 20,000 shares were purchased at a price of $6.25 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
MFA Financial, Inc. is a real estate investment trust (REIT). The Company is engaged in the real estate finance business.The Company, through subsidiaries, invests in residential mortgage assets, including Agency mortgage backed securities (MBS), Non-Agency MBS and residential whole loans. The Companys business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The Companys Agency MBS portfolio consists of Hybrids, 15-year fixed-rate mortgages and adjustable-rate mortgages (ARMs). The Hybrid loans have initial a fixed-rate periods at origination of three, five, seven or 10 years. The Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and MBS collateralized by re-performing and non-performing loans (RPL/NPL MBS).