On Tuesday, Two Harbors Investment Corp (NYSE: TWO) was -6.56% drop from the session before settling in for the closing price of $12.81. A 52-week range for TWO has been $9.89 – $14.59.
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
Annual sales at Real Estate sector company grew by 1039.15% over the past five years. When this article was written, the company’s average yearly earnings per share was at 2319.05%. With a float of $102.52 million, this company’s outstanding shares have now reached $103.21 million.
Let’s look at the performance matrix of the company that is accounted for 466 employees. In terms of profitability, gross margin is 120.9%, operating margin of 52.79%, and the pretax margin is 73.52%.
Two Harbors Investment Corp (TWO) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Two Harbors Investment Corp stocks. The insider ownership of Two Harbors Investment Corp is 1.07%, while institutional ownership is 66.55%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.11 earnings per share (EPS) during the time that was less than consensus figure (set at -0.06) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2319.05% 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
You can see what Two Harbors Investment Corp (TWO) 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 1.53. Likewise, its price to free cash flow for the trailing twelve months is 3.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.84, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.74 in one year’s time.
Technical Analysis of Two Harbors Investment Corp (TWO)
Two Harbors Investment Corp (NYSE: TWO) saw its 5-day average volume 1.91 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 15.46%. Additionally, its Average True Range was 0.26.
During the past 100 days, Two Harbors Investment Corp’s (TWO) raw stochastic average was set at 0.86%, which indicates a significant decrease from 1.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.43% in the past 14 days, which was higher than the 23.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.46, while its 200-day Moving Average is $13.07. Nevertheless, the first resistance level for the watch stands at $12.48 in the near term. At $13.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.26. If the price goes on to break the first support level at $11.70, it is likely to go to the next support level at $11.44. The third support level lies at $10.92 if the price breaches the second support level.
Two Harbors Investment Corp (NYSE: TWO) Key Stats
There are 103,623K outstanding shares of the company, which has a market capitalization of 1.24 billion. As of now, sales total 480,360 K while income totals -106,370 K. Its latest quarter income was 115,950 K while its last quarter net income were 56,340 K.
