Two Harbors Investment Corp (NYSE: TWO) is 1.08% higher on its value in year-to-date trading and has touched a low of $9.83 and a high of $14.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TWO stock was last observed hovering at around $14.10 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $14.08, the stock is 1.32% and 3.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -0.14% at the moment leaves the stock 6.73% off its SMA200. TWO registered 0.57% gain for a year compared to 6-month gain of 11.13%.
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The stock witnessed a 2.47% loss in the last 1 month and extending the period to 3 months gives it a 7.81%, and is 3.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.63% over the week and 1.26% over the month.
Two Harbors Investment Corp (TWO) has around 466 employees, a market worth around $1.46B and $867.84M in sales. Current P/E ratio is 39.68 and Fwd P/E is 8.12. Profit margin for the company is 9.95%. Distance from 52-week low is 43.23% and -3.49% from its 52-week high. The company has generated returns on investments over the last 12 months (2.48%).
The EPS is expected to grow by 1948.57% this year
272.0 institutions hold shares in Two Harbors Investment Corp (TWO), with institutional investors hold 67.33% of the company’s shares. The shares outstanding are 103.21M, and float is at 102.52M with Short Float at 2.67%. Institutions hold 66.84% of the Float.
Two Harbors Investment Corp (TWO) Insider Activity
Two Harbors Investment Corp disclosed in a document filed with the SEC on Aug 16 ’24 that LETICA NICHOLAS (Chief Investment Officer) sold a total of 8,654 shares of the company’s common stock. The trade occurred on Aug 16 ’24 and was made at $13.63 per share for $0.12 million. Following the transaction, the insider now directly holds 0.11 million shares of the TWO stock.
Still, SEC filings show that on Aug 16 ’24, Nicholas Letica (Officer) Proposed Sale 6,100 shares at an average price of $13.38 for $81618.0. The insider now directly holds shares of Two Harbors Investment Corp (TWO).
