Two Harbors Investment Corp (TWO) 20 Days SMA touches -0.25%: The odds favor the bear

On Friday, Two Harbors Investment Corp (NYSE: TWO) opened higher 0.69% from the last session, before settling in for the closing price of $13.06. Price fluctuations for TWO have ranged from $9.83 to $14.59 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Real Estate Sector giant saw their annual sales surged by 1039.15% over the last five years. Company’s average yearly earnings per share was noted 2125.00% at the time writing. With a float of $102.52 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. In terms of profitability, gross margin is 223.78%, operating margin of -330.97%, and the pretax margin is -192.45%.

Two Harbors Investment Corp (TWO) Insider Activity

A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Two Harbors Investment Corp is 1.07%, while institutional ownership is 66.54%. The most recent insider transaction that took place on Aug 28 ’24, was worth 43,024. Before that another transaction happened on Aug 16 ’24, when Company’s Chief Investment Officer sold 8,654 for $13.63, making the entire transaction worth $117,954. This insider now owns 105,644 shares in total.

Two Harbors Investment Corp (TWO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 2125.00% 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

Check out the current performance indicators for Two Harbors Investment Corp (TWO). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57. Likewise, its price to free cash flow for the trailing twelve months is 3.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.35, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.73 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 1.07 million was lower than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 85.55%. Additionally, its Average True Range was 0.22.

During the past 100 days, Two Harbors Investment Corp’s (TWO) raw stochastic average was set at 41.36%, which indicates a significant decrease from 68.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.25% in the past 14 days, which was higher than the 21.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.56, while its 200-day Moving Average is $13.11. Now, the first resistance to watch is $13.23. This is followed by the second major resistance level at $13.31. The third major resistance level sits at $13.41. If the price goes on to break the first support level at $13.05, it is likely to go to the next support level at $12.95. Should the price break the second support level, the third support level stands at $12.87.

Two Harbors Investment Corp (NYSE: TWO) Key Stats

There are currently 103,494K shares outstanding in the company with a market cap of 1.36 billion. Presently, the company’s annual sales total 480,360 K according to its annual income of -106,370 K. Last quarter, the company’s sales amounted to 115,950 K and its income totaled 56,340 K.