$1.54M in average volume shows that Dynex Capital, Inc. (DX) is heading in the right direction

On Tuesday, Dynex Capital, Inc. (NYSE: DX) was 0.88% up from the session before settling in for the closing price of $12.47. A 52-week range for DX has been $9.51 – $13.16.

Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 1130.86%. When this article was written, the company’s average yearly earnings per share was at 49.13%. With a float of $73.58 million, this company’s outstanding shares have now reached $74.71 million.

Considering the fact that the conglomerate employs 22 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 190.26%, operating margin of -515.87%, and the pretax margin is -28.56%.

Dynex Capital, Inc. (DX) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dynex Capital, Inc. stocks. The insider ownership of Dynex Capital, Inc. is 1.51%, while institutional ownership is 53.93%. The most recent insider transaction that took place on Aug 30 ’24, was worth 215,767. Before that another transaction happened on Aug 30 ’24, when Company’s Officer proposed sale 14,709 for $12.59, making the entire transaction worth $185,186.

Dynex Capital, Inc. (DX) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.28 earnings per share (EPS) during the time that was less than consensus figure (set at -0.11) by -0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 49.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.88% during the next five years compared to -0.30% drop over the previous five years of trading.

Dynex Capital, Inc. (NYSE: DX) Trading Performance Indicators

You can see what Dynex Capital, Inc. (DX) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.35. Likewise, its price to free cash flow for the trailing twelve months is 33.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.05, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 1.13 in one year’s time.

Technical Analysis of Dynex Capital, Inc. (DX)

Compared to the last year’s volume of 1.38 million, its volume of 1.37 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.37%. Additionally, its Average True Range was 0.16.

During the past 100 days, Dynex Capital, Inc.’s (DX) raw stochastic average was set at 89.05%, which indicates a significant increase from 77.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.07% in the past 14 days, which was lower than the 19.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.26, while its 200-day Moving Average is $12.20. Nevertheless, the first resistance level for the watch stands at $12.62 in the near term. At $12.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.72. If the price goes on to break the first support level at $12.52, it is likely to go to the next support level at $12.45. Should the price break the second support level, the third support level stands at $12.42.

Dynex Capital, Inc. (NYSE: DX) Key Stats

There are 64,208K outstanding shares of the company, which has a market capitalization of 939.85 million. As of now, sales total 207,520 K while income totals -6,130 K. Its latest quarter income was 76,050 K while its last quarter net income were -8,300 K.