Chimera Investment Corp (CIM) 20 Days SMA touches 1.19%: The odds favor the bear

Chimera Investment Corp (NYSE: CIM) on Friday, soared 0.21% from the previous trading day, before settling in for the closing price of $14.27. Within the past 52 weeks, CIM’s price has moved between $11.28 and $16.89.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Real Estate sector was -3.40%. The company achieved an average annual earnings per share of 15.25%. With a float of $78.35 million, this company’s outstanding shares have now reached $80.88 million.

Considering the fact that the conglomerate employs 39 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 82.54%, operating margin of 103.45%, and the pretax margin is 50.07%.

Chimera Investment Corp (CIM) Insider Activity

Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Chimera Investment Corp is 3.13%, while institutional ownership is 55.29%. The most recent insider transaction that took place on Dec 10 ’24, was worth 998,580. In this transaction Chief Investment Officer of this company bought 66,000 shares at a rate of $15.13, taking the stock ownership to the 166,000 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Chief Investment Officer bought 50,000 for $14.91, making the entire transaction worth $745,500. This insider now owns 100,000 shares in total.

Chimera Investment Corp (CIM) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 15.25% per share during the next fiscal year.

Chimera Investment Corp (NYSE: CIM) Trading Performance Indicators

Chimera Investment Corp (CIM) 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 1.52. Likewise, its price to free cash flow for the trailing twelve months is 5.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.31, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.67 in one year’s time.

Technical Analysis of Chimera Investment Corp (CIM)

Compared to the last year’s volume of 0.5 million, its volume of 0.48 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.04%. Additionally, its Average True Range was 0.33.

During the past 100 days, Chimera Investment Corp’s (CIM) raw stochastic average was set at 26.21%, which indicates a significant decrease from 84.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.77% in the past 14 days, which was higher than the 22.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.58, while its 200-day Moving Average is $14.22. Nevertheless, the first resistance level for the watch stands at $14.42 in the near term. At $14.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.61. If the price goes on to break the first support level at $14.23, it is likely to go to the next support level at $14.16. Should the price break the second support level, the third support level stands at $14.04.

Chimera Investment Corp (NYSE: CIM) Key Stats

Market capitalization of the company is 1.16 billion based on 80,875K outstanding shares. Right now, sales total 772,900 K and income totals 126,100 K. The company made 195,300 K in profit during its latest quarter, and 136,460 K in sales during its previous quarter.