Stock price performance of Two Harbors Investments Corp is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 4.04% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -2.45% . Looking at the past 52 week period, the stock price is up at 16.49% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Two Harbors Investments Corp has a positive value of 9.82 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.32% and the 50-Day Moving Average is 0.85%.The 200 Day SMA reached 6.12%
Two Harbors Investment Corp. is having a Relative Strength Index of 52.86 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Two Harbors Investments Corp (NYSE:TWO) rallied by 0.92% during the past week but lost 1.02% on a 4-week basis. The company has outperformed the S&P 500 by 0.8% in the past week but underperformed the index by 1.9% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Mary Kathryn Riskey (Chief Accounting Officer) sold 3,190 shares at 8.60 per share price.On Jan 31, 2017, Brad Farrell (CFO and Treasurer) sold 28,901 shares at 8.58 per share price.On Jan 31, 2017, Rebecca B Sandberg (General Counsel and Secretary) sold 10,136 shares at 8.60 per share price.
Two Harbors Investment Corp Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.23. The company had revenue of $108.51 million for the quarter, compared to analysts expectations of $104.84 million. The companys revenue was down -6.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.22 EPS.
Two Harbors Investments Corp (NYSE:TWO) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $8.77 and reached the intraday high at $8.8. The bulls started the profit booking and pushed the shares to intraday low of $8.72. The trading session was marked by a volume range of 2,331,090 shares exchanging hands. The 52-week high of the shares is $9.175 and the 52-week low is $7. The market cap of the company stands at $3,045 million and there are 347,643,720 shares in public circulation.
Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Its objective is to provide risk-adjusted returns to investors through dividends and capital appreciation. Two Harbors intends to acquire and manage a portfolio of mortgage-backed securities, focusing on security selection and the relative value of various sectors within the mortgage market. As an investment strategy, the company expects to deploy moderate borrowings through, with respect to Agency RMBS, short-term borrowings structured as repurchase agreements and, with respect to non-Agency RMBS and residential mortgage loans, private funding sources. It may also finance portions of its portfolio through non-recourse term borrowing facilities and equity financing under the Legacy Loan Program and Term Asset-Backed Securities Lending Facility (TALF), if such financing becomes available.