AGNC Investment Corp (NASDAQ:AGNC) shares, rose in value, with the stock price up by 0.73% to the previous day’s close as strong demand from buyers drove the stock to $9.61.
Actively observing the price movement in the last trading, the stock closed the session at $9.54, falling within a range of $9.51 and $9.63. The value of beta (5-year monthly) was 1.458 whereas the PE ratio was 6.73 over 12-month period. Referring to stock’s 52-week performance, its high was $10.85, and the low was $6.81. On the whole, AGNC has fluctuated by -6.43% over the past month.
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With the market capitalization of AGNC Investment Corp currently standing at about $8.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in November. The company’s Forward Dividend Ratio is 1.44, with its dividend yield at 14.98%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 62.56M, with a low estimate of 10.28M and a high estimate of 423M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 213.18M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AGNC’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of AGNC currently trading nearly -5.52% and -6.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.41, while the 7-day volatility ratio is showing 2.00% which for the 30-day chart, stands at 1.57%. Furthermore, AGNC Investment Corp (AGNC)’s beta value is 1.46, and its average true range (ATR) is 0.18.
A comparison of AGNC Investment Corp (AGNC) with its peers suggests the former has fared considerably weaker in the market. AGNC showed an intraday change of 0.73% in last session, and over the past year, it grew by 38.47%%.
Data on historical trading for AGNC Investment Corp (NASDAQ:AGNC) indicates that the trading volumes over the past 10 days have averaged 28.29 and over the past 3 months, they’ve averaged 16.74 million. According to company’s latest data on outstanding shares, there are 844.20 million shares outstanding.
Nearly 0.80% of AGNC Investment Corp’s shares belong to company insiders and institutional investors own 36.06% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 45.6 million shares as on 2024-10-15, resulting in a short ratio of 2.79. According to the data, the short interest in AGNC Investment Corp (AGNC) stood at 542.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 41.25 million. The stock has fallen by -2.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AGNC stock heading into the next quarter.
