MFA Financial (MFA) : During the past 4 weeks, traders have been relatively bearish on MFA Financial (MFA), hence the stock is down -3.46% 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 -2.77% relative to the S&P 500. The 4-week change in the price of the stock is -3.98% and the stock has fallen -2.6% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.47% and the 50-Day Moving Average is 0.31%.The 200 Day SMA reached 12.02%
MFA Financial (NYSE:MFA): After opening at $7.49, the stock dipped to an intraday low of $7.45 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.535 and the buying power remained strong till the end. The stock closed at $7.48 for the day, a gain of 0.27% for the day session. The total traded volume was 1,905,677. The stocks close on the previous trading day was $7.48.
MFA Financial (MFA) : The highest level MFA Financial (MFA) is projected to reach is $8 for the short term and the lowest estimate is at $7. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $7.33 and the possibility the share price can swing is $0.29.
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).