CYS Investments (CYS) : Traders are bullish on CYS Investments (CYS) as it has outperformed the S&P 500 by a wide margin of 0.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.36%, relative to the S&P 500. The stock has risen by 2.91% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.12% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 0.03%.The 200 Day SMA reached 13.91% CYS Investments, Inc. is up 8.6% in the last 3-month period. Year-to-Date the stock performance stands at 32.02%.
CYS Investments (CYS) : The highest level CYS Investments (CYS) is projected to reach is $10 for the short term and the lowest estimate is at $8. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $8.54 and the possibility the share price can swing is $0.78.
Company shares have received an average consensus rating of Hold for the current week CYS Investments (NYSE:CYS): stock was range-bound between the intraday low of $8.74 and the intraday high of $8.93 after having opened at $8.91 on Fridays session. The stock finally closed in the red at $8.91, a loss of -1.01%. The stock remained in the red for the whole trading day. The total traded volume was 6,779,734 shares. The stock failed to cross $8.93 in Fridays trading. The stocks closing price on Thursday was $8.84.
CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans (primarily 10, 15, 20 or 30 years), and adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period (three, five, seven or 10 years). It invests principally in Agency RMBS, which are residential mortgage pass-through securities, the principal and interest of which are guaranteed by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Government National Mortgage Association (Ginnie Mae). In addition to Agency RMBS, the Company invests in the United States Treasuries.