AGNC Investment Corp (NASDAQ:AGNC) price is hovering lower on Monday, April 15, dropping -0.70% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $9.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $10.64 and 52-week low of $6.81. The stock subtracted -3.90% on its value in the past month.
AGNC Investment Corp, which has a market valuation of $6.43 billion. The company stock has a Forward Dividend ratio of 1.44, while the dividend yield is 15.58%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give AGNC a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that AGNC’s price is at present -4.42% off the SMA20 and -3.57% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 35.35, with weekly volatility standing at 1.91%. The indicator jumps to 1.58% when calculated based on the past 30 days. AGNC Investment Corp (NASDAQ:AGNC)’s beta value is holding at 1.45, while the average true range (ATR) indicator is currently reading 0.17.
An analysis of the AGNC Investment Corp (NASDAQ:AGNC) stock in terms of its daily trading volume indicates that the 3-month average is 11.66 million.
Current records show that the company has 694.30M in outstanding shares. The insiders’ percentage holdings are 0.84% of outstanding shares while the percentage share held by institutions stands at 41.40%. But the -5.76% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
