Dynex Capital, Inc. (NYSE:DX) price on Friday, May 31, rose 0.66% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $12.25.
A look at the stock’s price movement, the close in the last trading session was $12.17. The PE ratio in trailing twelve months stood at 10.51. Turning to its 52-week performance, $13.24 and $9.51 were the 52-week high and 52-week low respectively. Overall, DX moved 3.29% over the past month.
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Dynex Capital, Inc.’s market cap currently stands at around $785.96 million. The company has a Forward Dividend ratio of 1.15, with its dividend yield at 9.35%. 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 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 75% Buy category.
DX’s current price about -0.28% and 1.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.77, while 7-day volatility ratio is 1.26% and 1.23% in the 30-day chart. Further, Dynex Capital, Inc. (DX) has a beta value of 1.32, and an average true range (ATR) of 0.19.
If we refocus on Dynex Capital, Inc. (NYSE:DX), historical trading data shows that trading volumes averaged 1.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 64.16 million shares.
The 1.92% of Dynex Capital, Inc.’s shares are in the hands of company insiders while institutional holders own 48.26% of the company’s shares. Current price change has pushed the stock -2.16% 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.
