Two Harbors Investment Corp (NYSE: TWO) is -1.52% lower on its value in year-to-date trading and has touched a low of $11.28 and a high of $14.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TWO stock was last observed hovering at around $11.99 in the last trading session, with the day’s loss setting it -0.34%.
Currently trading at $11.65, the stock is -1.25% and -1.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -2.84% at the moment leaves the stock -9.10% off its SMA200. TWO registered -14.59% loss for a year compared to 6-month loss of -7.54%. The firm has a 50-day simple moving average (SMA 50) of $11.8194 and a 200-day simple moving average (SMA200) of $12.81605.
The stock witnessed a -1.02% gain in the last 1 month and extending the period to 3 months gives it a -10.04%, and is -1.27% down 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 1.98% over the week and 1.86% over the month.
Two Harbors Investment Corp (TWO) has around 466 employees, a market worth around $1.17B and $651.87M in sales. Fwd P/E is 6.46. Profit margin for the company is -70.25%. Distance from 52-week low is 3.30% and -18.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.36%).
with sales reaching $-21.94M over the same period.The EPS is expected to grow by 947.36% this year, but quarterly earnings will post 11.15% year-over-year. Quarterly sales are estimated to grow 51.98% in year-over-year returns.
Two Harbors Investment Corp (TWO) Top Institutional Holders
285.0 institutions hold shares in Two Harbors Investment Corp (TWO), with institutional investors hold 68.57% of the company’s shares. The shares outstanding are 103.65M, and float is at 102.49M with Short Float at 3.12%. Institutions hold 68.07% of the Float.
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Two Harbors Investment Corp (TWO) Insider Activity
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Still, SEC filings show that on Aug 16 ’24, LETICA NICHOLAS (Chief Investment Officer) disposed off 8,654 shares at an average price of $13.63 for $0.12 million. The insider now directly holds 105,644 shares of Two Harbors Investment Corp (TWO).
