Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) on Friday, soared 4.07% from the previous trading day, before settling in for the closing price of $2.70. Within the past 52 weeks, CHMI’s price has moved between $2.50 and $4.39.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 122.75%. The company achieved an average annual earnings per share of -45.71%. With a float of $31.40 million, this company’s outstanding shares have now reached $31.61 million.
Considering the fact that the conglomerate employs 12 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 72.66%, operating margin of -62.75%, and the pretax margin is -95.64%.
Cherry Hill Mortgage Investment Corporation (CHMI) Insider Activity
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Cherry Hill Mortgage Investment Corporation is 0.72%, while institutional ownership is 20.01%. The most recent insider transaction that took place on Nov 22 ’24, was worth 25,780. In this transaction President of this company bought 10,000 shares at a rate of $2.58, taking the stock ownership to the 40,128 shares.
Cherry Hill Mortgage Investment Corporation (CHMI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -45.71% per share during the next fiscal year.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) Trading Performance Indicators
Cherry Hill Mortgage Investment Corporation (CHMI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.96. Likewise, its price to free cash flow for the trailing twelve months is 11.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.41, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.62 in one year’s time.
Technical Analysis of Cherry Hill Mortgage Investment Corporation (CHMI)
Compared to the last year’s volume of 0.22 million, its volume of 0.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.93%. Additionally, its Average True Range was 0.09.
During the past 100 days, Cherry Hill Mortgage Investment Corporation’s (CHMI) raw stochastic average was set at 23.66%, which indicates a significant decrease from 81.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.54% in the past 14 days, which was higher than the 29.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.91, while its 200-day Moving Average is $3.43. Nevertheless, the first resistance level for the watch stands at $2.90 in the near term. At $3.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.11. If the price goes on to break the first support level at $2.69, it is likely to go to the next support level at $2.58. Should the price break the second support level, the third support level stands at $2.48.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) Key Stats
Market capitalization of the company is 94.23 million based on 31,625K outstanding shares. Right now, sales total -1,660 K and income totals -34,790 K. The company made 110 K in profit during its latest quarter, and -12,200 K in sales during its previous quarter.
