Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
New York Mortgage Trust Inc (NASDAQ: NYMT) closed the day trading at $5.84 down -1.68% from the previous closing price of $5.94. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 0.72 million shares were traded. NYMT stock price reached its highest trading level at $5.9199 during the session, while it also had its lowest trading level at $5.78.
Ratios:
For a better understanding of NYMT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 4.93 whereas as Long-Term Debt/Eq ratio is at 2.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on August 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $7.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $8.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NYMT now has a Market Capitalization of 528983712 and an Enterprise Value of 8021289984. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 31.762.
Stock Price History:
Over the past 52 weeks, NYMT has reached a high of $8.89, while it has fallen to a 52-week low of $5.14. The 50-Day Moving Average of the stock is -1.00%, while the 200-Day Moving Average is calculated to be -7.51%.
Shares Statistics:
Over the past 3-months, NYMT traded about 825.51K shares per day on average, while over the past 10 days, NYMT traded about 1206200 shares per day. A total of 90.58M shares are outstanding, with a floating share count of 88.95M. Insiders hold about 1.80% of the company’s shares, while institutions hold 58.50% stake in the company. Shares short for NYMT as of 1732838400 were 2518987 with a Short Ratio of 3.05, compared to 1730332800 on 2803354. Therefore, it implies a Short% of Shares Outstanding of 2518987 and a Short% of Float of 3.4000000000000004.
Dividends & Splits
NYMT’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.13468014The stock’s 5-year Average Dividend Yield is 14.94.
