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Dynex Capital, Inc (DX) Is Now En Route to Higher Prices

Dynex Capital, Inc (NYSE: DX) is -1.82% lower on its value in year-to-date trading and has touched a low of $10.79 and a high of $14.52 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 DX stock was last observed hovering at around $12.23 in the last trading session, with the day’s gains setting it 0.19%.

Currently trading at $12.42, the stock is 3.58% and -5.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing 1.55% at the moment leaves the stock -2.06% off its SMA200. DX registered 4.46% gain for a year compared to 6-month gain of -1.35%. The firm has a 50-day simple moving average (SMA 50) of $13.1538 and a 200-day simple moving average (SMA200) of $12.68105.

The stock witnessed a -6.48% loss in the last 1 month and extending the period to 3 months gives it a -2.82%, and is 8.38% 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 2.44% over the week and 3.84% over the month.

Dynex Capital, Inc (DX) has around 22 employees, a market worth around $1.19B and $223.47M in sales. Current P/E ratio is 16.04 and Fwd P/E is 8.11. Profit margin for the company is 28.20%. Distance from 52-week low is 15.11% and -14.46% from its 52-week high. The company has generated returns on investments over the last 12 months (4.50%).

with sales reaching $21.2M over the same period.The EPS is expected to grow by 511.30% this year, but quarterly earnings will post 1,351.14% year-over-year. Quarterly sales are estimated to grow 1,547.13% in year-over-year returns.

Dynex Capital, Inc (DX) Top Institutional Holders

240.0 institutions hold shares in Dynex Capital, Inc (DX), with institutional investors hold 41.81% of the company’s shares. The shares outstanding are 102.23M, and float is at 94.41M with Short Float at 8.77%. Institutions hold 41.33% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 6.58 million shares valued at $78.52 million. The investor’s holdings represent 9.8221% of the DX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.92 million shares valued at $46.84 million to account for 5.8588 of the shares outstanding. The other top investors are BALYASNY ASSET MANAGEMENT L.P. which holds 2.77 million shares representing 4.133% and valued at over $33.04 million, while MILLENNIUM MANAGEMENT LLC holds 3.8471 of the shares totaling 2.58 million with a market value of $30.76 million.

Dynex Capital, Inc (DX) Insider Activity

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