Large Inflow of Money Detected in New Residential Investment

New Residential Investment (NRZ) : The money flow analysis of New Residential Investment (NRZ) indicates a $0.42 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $0.87 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 2.08 and so was the total money flow at $0.45 million. The bulls lapped up $0.31 million worth of block trades on upticks. The money flow was $0.31 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of New Residential Investment (NRZ), pushing it down by -0.94% for the day. The stock slid $0.13 and traded at $13.14 during the day. Nonetheless, the stock is 1.27% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 0.41% and the 50-Day Moving Average is 0.71%. Shares have dropped -15.44% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $15.95 and the one year low was seen on Jan 14, 2016. The 50-Day Moving Average price is $13.43 and the 200 Day Moving Average price is recorded at $12.04.

New Residential Investment (NYSE:NRZ): The stock opened at $13.28 on Thursday but the bulls could not build on the opening and the stock topped out at $13.33 for the day. The stock traded down to $13.00 during the day, due to lack of any buying support eventually closed down at $13.03 with a loss of -1.73% for the day. The stock had closed at $13.26 on the previous day. The total traded volume was 2,169,969 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of New Residential Investment Corp., Nierenberg Michael, had purchased 9,100 shares in a transaction dated on June 15, 2015. The transaction was executed at $16.05 per share with total amount equaling $146,055.

New Residential Investment Corp. (New Residential) is a publicly traded real estate investment trust. The Company is focused on investing and managing residential real estate investments. Its portfolio consists of servicing related assets, residential securities and loans and other investments. Its business segments include: Excess Mortgage Servicing Rights (Excess MSRs), Servicer Advances, Real Estate Securities, Real Estate Loans, Consumer Loans and Corporate. It has acquired Excess MSRs on residential mortgage loans with an aggregate unpaid principal balance (UPB) as of December 31, 2014 of approximately $248.7 billion. It acquires and manages a portfolio of credit sensitive real estate securities, including Non-Agency and Agency residential mortgage backed securities (RMBS). It has acquired residential mortgage loans, including performing, non-performing, re-performing and reverse mortgage loans.

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