New Residential Investment Corp.s in-depth stock price analysis indicates that the stock price has rallied 8.31% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.06% . Looking at the past 52 week period, the stock price is up at 56.65% . 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 New Residential Investment Corp. has a positive value of 35.17 compared to overall market. Stocks of New Residential Investment Corp. (NYSE:NRZ) rallied by 0.76% during the past week but lost 0.81% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.05%. New Residential Investment Corp. (NYSE:NRZ) has underperformed the index by 2.59% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
New Residential Investment Corp. (NYSE:NRZ) : On Friday heightened volatility was witnessed in New Residential Investment Corp. (NYSE:NRZ) which led to swings in the share price. The stock opened for trading at $15.88 and hit $15.99 on the upside , eventually ending the session at $15.9, with a gain of 0.63% or 0.1 points. The heightened volatility saw the trading volume jump to 5,999,660 shares. The 52-week high of the share price is $16.43 and the company has a market cap of $3,988 million. The 52-week low of the share price is at $9.686 .
New Residential Investment Corp Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.49.Analysts expectations of $ 162.27.During the same quarter in the previous year, the company posted $0.49 EPS.
Company has reported several Insider transactions to the SEC, on Feb 6, 2017, Michael Nierenberg (CEO) purchased 18,600 shares at 15.00 per share price.On Nov 14, 2016, Andrew Sloves (director) purchased 13,200 shares at 14.20 per share price.On Jun 15, 2015, Wesley R Edens (director) sold 3,245,764 shares at 15.88 per share price.
New Residential Investment Corp. is a real estate investment trust. It focuses on investing in, and actively managing, investments related to residential real estate. The Company primarily target investments in excess mortgage servicing rights, residential mortgage backed securities, residential mortgage loans and other related investments. New Residential Investment Corp. is based in New York.