The trading price of Dynex Capital, Inc (NYSE:DX) floating lower at last check on current market day and closing at $12.24, -0.51% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 15.80. In examining the 52-week price action we see that the stock hit a 52-week high of $14.52 and a 52-week low of $10.79. Over the past month, the stock has lost -2.96% in value.
Dynex Capital, Inc, whose market valuation is $1.31 billion at the time of this writing, is expected to release its quarterly earnings report in July. The dividend yield on the company stock is 14.38%, while its Forward Dividend ratio is 1.76. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest DX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned DX a recommendation rating is 4. Out of them, 0 rate it a Hold, while 4 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Dynex Capital, Inc (DX) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that DX’s price is currently 0.82% off the SMA20 and 1.18% off the SMA50. The RSI metric on the 14-day chart is currently showing 50.39, and weekly volatility stands at 0.63%. When measured over the past 30 days, the indicator reaches 1.12%. Dynex Capital, Inc (NYSE:DX)’s beta value is currently sitting at 0.92, while the Average True Range indicator is currently displaying 0.19.
To see how Dynex Capital, Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: DX stock’s performance was -0.51% at last check in today’s session, and 3.27% in the past year. Dynex Capital, Inc has a P/E ratio of 15.80.
An evaluation of the daily trading volume of Dynex Capital, Inc (NYSE:DX) indicates that the 3-month average is 3.83 million.
Currently, records show that 107.16 million of the company’s shares remain outstanding. The insiders hold 2.07% of outstanding shares, whereas institutions hold 49.54%. However, since the stock’s price has seen -3.26% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
