AGNC Investment Corp (NASDAQ:AGNC) shares, rose in value, with the stock price up by 0.33% to the previous day’s close as strong demand from buyers drove the stock to $9.11.
Actively observing the price movement in the last trading, the stock closed the session at $9.08. The PE ratio was 23.27 over 12-month period. Referring to stock’s 52-week performance, its high was $10.85, and the low was $7.85. On the whole, AGNC has fluctuated by 0.44% over the past month.
With the market capitalization of AGNC Investment Corp currently standing at about $9.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.44, with its dividend yield at 15.81%.
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% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AGNC currently trading nearly 1.97% and 0.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.89, while the 7-day volatility ratio is showing 0.61% which for the 30-day chart, stands at 1.43%. Furthermore, AGNC Investment Corp (AGNC)’s beta value is 1.29, and its average true range (ATR) is 0.21.
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 0.33% in last session, and over the past year, it shrunk by -5.50%%.
Data on historical trading for AGNC Investment Corp (NASDAQ:AGNC) indicates that the trading volumes over the past 3 months, they’ve averaged 32.47 million. According to company’s latest data on outstanding shares, there are 1.02 billion shares outstanding.
Nearly 0.78% of AGNC Investment Corp’s shares belong to company insiders and institutional investors own 41.48% of the company’s shares. The stock has fallen by -1.09% 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.
