Two Harbors Investment Corp (NYSE: TWO) on Tuesday, soared 2.03% from the previous trading day, before settling in for the closing price of $12.31. Within the past 52 weeks, TWO’s price has moved between $9.83 and $14.59.
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Real Estate Sector giant saw their annual sales surged by 1039.15% over the last five years. The company achieved an average annual earnings per share of 2651.43%. With a float of $102.36 million, this company’s outstanding shares have now reached $103.21 million.
The firm has a total of 466 workers. Let’s measure their productivity.
Two Harbors Investment Corp (TWO) Insider Activity
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Two Harbors Investment Corp is 1.03%, while institutional ownership is 66.15%. The most recent insider transaction that took place on Feb 27 ’24, was worth 47,566. In this transaction Chief Risk Officer of this company sold 3,775 shares at a rate of $12.60, taking the stock ownership to the 69,176 shares. Before that another transaction happened on Feb 27 ’24, when Company’s Chief Operating Officer sold 1,980 for $12.60, making the entire transaction worth $24,948. This insider now owns 44,035 shares in total.
Two Harbors Investment Corp (TWO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2651.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.33% during the next five years compared to 5.69% growth over the previous five years of trading.
Two Harbors Investment Corp (NYSE: TWO) Trading Performance Indicators
Two Harbors Investment Corp (TWO) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97. Likewise, its price to free cash flow for the trailing twelve months is 3.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.05, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.49 in one year’s time.
Technical Analysis of Two Harbors Investment Corp (TWO)
Analysing the last 5-days average volume posted by the [Two Harbors Investment Corp, TWO], we can find that recorded value of 0.91 million was lower than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 75.30%. Additionally, its Average True Range was 0.30.
During the past 100 days, Two Harbors Investment Corp’s (TWO) raw stochastic average was set at 31.54%, which indicates a significant decrease from 86.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.39% in the past 14 days, which was higher than the 27.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.63, while its 200-day Moving Average is $13.05. Now, the first resistance to watch is $12.70. This is followed by the second major resistance level at $12.83. The third major resistance level sits at $13.07. If the price goes on to break the first support level at $12.33, it is likely to go to the next support level at $12.09. Should the price break the second support level, the third support level stands at $11.96.
Two Harbors Investment Corp (NYSE: TWO) Key Stats
Market capitalization of the company is 1.30 billion based on 103,474K outstanding shares. Right now, sales total 480,360 K and income totals -106,370 K. The company made 122,400 K in profit during its latest quarter, and -433,200 K in sales during its previous quarter.
