AGNC Investment Corp (NASDAQ:AGNC) shares, rose in value, with the stock price down by -0.44% to the previous day’s close as strong demand from buyers drove the stock to $10.24.
Actively observing the price movement in the recent trading, the stock is buoying the session at $10.29. The PE ratio was 10.67 over 12-month period. Referring to stock’s 52-week performance, its high was $10.85, and the low was $8.92. On the whole, AGNC has fluctuated by 1.74% over the past month.
With the market capitalization of AGNC Investment Corp currently standing at about $9.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.44, with its dividend yield at 14.06%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.75B, with a low estimate of 362.9M and a high estimate of 504.35M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 433.71M.
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 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of AGNC currently trading nearly -0.97% and 3.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.12, while the 7-day volatility ratio is showing 1.77% which for the 30-day chart, stands at 1.24%. Furthermore, AGNC Investment Corp (AGNC)’s beta value is 1.31, and its average true range (ATR) is 0.14.
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 -0.44% in today’s session so far, and over the past year, it grew by 7.84%%. In comparison, Annaly Capital Management Inc. (NLY) has moved higher at 1.31%% today and is up 10.55% over the past 12 months.
Data on historical trading for AGNC Investment Corp (NASDAQ:AGNC) indicates that the trading volumes over the past 3 months, they’ve averaged 19.71 million. According to company’s latest data on outstanding shares, there are 915.46 million shares outstanding.
Nearly 0.80% of AGNC Investment Corp’s shares belong to company insiders and institutional investors own 40.59% of the company’s shares. The stock has risen by 11.24% 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.
