Granite Point Mortgage Trust Inc (NYSE: GPMT) flaunted slowness of -6.54% at $3.00, before settling in for the price of $3.21 at the close. Taking a more long-term approach, GPMT posted a 52-week range of $2.46-$6.41.
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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 9.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -413.04%. This publicly-traded company’s shares outstanding now amounts to $49.96 million, simultaneously with a float of $48.54 million. The organization now has a market capitalization sitting at $149.87 million. At the time of writing, stock’s 50-day Moving Average stood at $3.21, while the 200-day Moving Average is $3.37.
Granite Point Mortgage Trust Inc (GPMT) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Granite Point Mortgage Trust Inc industry. Granite Point Mortgage Trust Inc’s current insider ownership accounts for 2.84%, in contrast to 49.49% institutional ownership. According to the most recent insider trade that took place on Jun 05 ’24, this organization’s Director sold 27,027 shares at the rate of 3.08, making the entire transaction reach 83,162 in total value, affecting insider ownership by 121,066. Preceding that transaction, on Jun 05 ’24, Company’s Director sold 5,717 for 3.11, making the whole transaction’s value amount to 17,780. This particular insider is now the holder of 50,710 in total.
Granite Point Mortgage Trust Inc (GPMT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.
Granite Point Mortgage Trust Inc’s EPS decrease for this current 12-month fiscal period is -413.04% and is forecasted to reach -1.88 in the upcoming year.
Granite Point Mortgage Trust Inc (NYSE: GPMT) Trading Performance Indicators
Let’s observe the current performance indicators for Granite Point Mortgage Trust Inc (GPMT). The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.70. Similarly, its price to free cash flow for trailing twelve months is now 9.81.
In the same vein, GPMT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.88, a figure that is expected to reach -0.95 in the next quarter, and analysts are predicting that it will be -1.88 at the market close of one year from today.
Technical Analysis of Granite Point Mortgage Trust Inc (GPMT)
Now, what If we examine the latest scores posted by [Granite Point Mortgage Trust Inc, GPMT]. During the last 5-days, its volume was lower the volume of 0.43 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 15.09% While, its Average True Range was 0.14.
Raw Stochastic average of Granite Point Mortgage Trust Inc (GPMT) in the period of the previous 100 days is set at 45.00%, which indicates a major rise in contrast to 3.70% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.17% that was lower than 46.72% volatility it exhibited in the past 100-days period.
