A Look At The Behavior Of AGNC Investment Corp (AGNC) Stock

AGNC Investment Corp (NASDAQ:AGNC) concluded the trading at $9.25 on Wednesday, May 01, with a rise of 1.09% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $9.15 and 5Y monthly beta was reading 1.45. Company’s P/E ratio for the trailing 12 months is 10.33. Considering stock’s 52-week price range provides that AGNC hit a high price of $10.64 and saw its price falling to a low level of $6.81 during that period. Over a period of past 1-month, stock came subtracting -4.64% in its value.

With its current market valuation of $6.44 billion, AGNC Investment Corp is set to declare its quarterly results on Apr 22, 2024 – Apr 26, 2024. AGNC Stock’s Forward Dividend of 1.44 and its yield of 15.57% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.

In contrast, when we review AGNC stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of Hold for it.

Digging deeper we become aware of the PEG ratio of the AGNC stock which is currently positioned at 0. It further provides that stock’s current price level is -0.93% away from its 20-day simple moving average and is -2.91% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 45.18 while volatility remained at 1.51% over the past week which changes to 1.79% when measuring it over the past month. Beta is valued at 1.46, while measure of average true range or ATR is currently at 0.17.

Having a second look at AGNC Investment Corp (NASDAQ:AGNC) provides that stock’s average daily trading volume for 3 months was 11.22 million. Number of outstanding shares of the stock stood at 694.30 million.

The percentage of outstanding shares held by the insiders is 0.91% while it is 41.57% for the institutional holders. Subtraction of -5.71% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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