Chimera Investment Corporation (CIM) : Investors lapped up stocks on upticks to the tune of $2.82 million in the Wednesdays trading session. The trading value on downticks was comparatively at $1.62 million and the uptick to downtick ratio of 1.74 indicates continuous buying by the bulls. The net money flow into the stock was $1.2 million. Upticks saw transactions worth $1.1 clearly indicating buying by large investors. The total money flow for block trades stood at $1.1 million, which is a positive for the stock in the long-term. Chimera Investment Corporation (CIM) fell $0.02 during the day at $16.16, a drop of -0.12% over the previous days close. However, for the week, the stock is -2.18%, compared to the previous week.
Chimera Investment Corporation has lost 0.37% in the last five trading days and dropped 0.79% in the last 4 weeks. Chimera Investment Corporation is up 5.25% in the last 3-month period. Year-to-Date the stock performance stands at 31.91%.
Chimera Investment Corporation (CIM) : 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chimera Investment Corporation (CIM). Zacks Investment Research suggests a Strong Buy with a rank of 1. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Hold with a rating of 3.4.
Chimera Investment Corporation (NYSE:CIM): The stock opened at $16.19 and touched an intraday high of $16.25 on Wednesday. During the day, the stock corrected to an intraday low of $16.0507, however, the bulls stepped in and pushed the price higher to close in the green at $16.23 with a gain of 0.31% for the day. The total traded volume for the day was 1,856,590. The stock had closed at $16.66 in the previous trading session.
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.