Dynex Capital, Inc (NYSE:DX) price on current trading day, fall -1.42% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.82.
A look at the stock’s price movement, the level at last check in today’s session was $11.99. The PE ratio in trailing twelve months stood at 15.26. Turning to its 52-week performance, $14.52 and $10.79 were the 52-week high and 52-week low respectively. Overall, DX moved -1.34% over the past month.
Dynex Capital, Inc’s market cap currently stands at around $1.27 billion, with investors looking forward to this quarter’s earnings report slated for in June. The company has a Forward Dividend ratio of 1.76, with its dividend yield at 14.89%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend DX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DX’s current price about -4.12% and -5.66% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.28, while 7-day volatility ratio is 1.77% and 1.24% in the 30-day chart. Further, Dynex Capital, Inc (DX) has a beta value of 0.94, and an average true range (ATR) of 0.25.
If we refocus on Dynex Capital, Inc (NYSE:DX), historical trading data shows that trading volumes averaged 3.92 million over the past 3 months. The company’s latest data on shares outstanding shows there are 107.16 million shares.
The 1.86% of Dynex Capital, Inc’s shares are in the hands of company insiders while institutional holders own 49.38% of the company’s shares. Current price change has pushed the stock -6.56% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DX stock continues to rise going into the next quarter.
