On Friday, Two Harbors Investment Corp (NYSE: TWO) opened higher 3.22% from the last session, before settling in for the closing price of $11.50. Price fluctuations for TWO have ranged from $11.28 to $14.54 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 1039.15% annually for the last half of the decade. Company’s average yearly earnings per share was noted 947.36% at the time writing. With a float of $102.49 million, this company’s outstanding shares have now reached $103.65 million.
In an organization with 466 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 120.9%, operating margin of 7.71%, and the pretax margin is 73.52%.
Two Harbors Investment Corp (TWO) Insider and Institutional Ownership
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 1.12%, while institutional ownership is 67.68%. The most recent insider transaction that took place on Dec 23 ’24, was worth 136,082. Before that another transaction happened on Aug 28 ’24, when Company’s Officer proposed sale 3,082 for $13.96, making the entire transaction worth $43,024.
Two Harbors Investment Corp (TWO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 947.36% 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 1.95. Likewise, its price to free cash flow for the trailing twelve months is 3.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.84, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of Two Harbors Investment Corp (TWO)
Let’s dig in a bit further. During the last 5-days, its volume was 2.39 million. That was better than the volume of 1.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.13%. Additionally, its Average True Range was 0.25.
During the past 100 days, Two Harbors Investment Corp’s (TWO) raw stochastic average was set at 19.79%, which indicates a significant decrease from 77.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.26% in the past 14 days, which was lower than the 22.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.01, while its 200-day Moving Average is $12.86. However, in the short run, Two Harbors Investment Corp’s stock first resistance to watch stands at $12.09. Second resistance stands at $12.31. The third major resistance level sits at $12.66. If the price goes on to break the first support level at $11.52, it is likely to go to the next support level at $11.17. The third support level lies at $10.95 if the price breaches the second support level.
Two Harbors Investment Corp (NYSE: TWO) Key Stats
There are currently 103,650K shares outstanding in the company with a market cap of 1.27 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 112,640 K and its income totaled -238,490 K.