Coverage Initiated by Bank of America Corp for Invesco Mortgage Capital (NYSE:IVR)

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Stock analysts at Bank of America Corp initiated coverage on shares of  Invesco Mortgage Capital (NYSE:IVR) in a report issued on Tuesday. The brokerage set a Underperform rating on the Finance stock. A price-to-earnings ratio of #N/A and a beta of 1.53. Invesco Mortgage Capital has a twelve month low $1.26 of  and a twelve month high of $12.62.

Shares of Invesco Mortgage Capital traded up $0.17 on Tuesday, reaching $3.74. 14129377 shares of the stock traded hands, compared to its average volume of 27208719. Shares of Invesco Mortgage Capital closed trading at $3.74 on Tuesday mid-day. The firm’s 50 day moving average is $$3.30 and its 200 day moving average is $10.06.Invesco Mortgage Capital  has a 12 month low of $3.49 and a 12 month high of $12.62. While on yearly highs and lows, Invesco Mortgage Capital’s today has traded high as $3.77 and has touched $3.49 on the downward trend. See More Analyst Rating at: RATING

Invesco Mortgage Capital Earnings and What to expect: 

The P/E ratio of Invesco Mortgage Capital is -0.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Invesco Mortgage Capital is -0.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Invesco Mortgage Capital has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.22%
  • On 2/28/2020 Insider Brian Norris Buy 4,000 at average share price of $15.92 which equates to $63,680.00 in money value.
  • On 2/27/2020 COO David B Lyle Buy 5,000 at average price of  $16.82 with total value of : Not Data Available
  • On 8/21/2019 Director Edward J Hardin Buy 2,500 at average price of  $15.73 with total value of : $39,325.00

Analyt at Bank of America Corp other ratings :

  • 6/30/2020 – Legend Biotech is now covered by analysts at Bank of America Corp. They set a “buy” rating and a $34.00 price target on the stock.
  • 6/29/2020 – Danone was downgraded by analysts at Bank of America Corp from a “buy” rating to a “neutral” rating.
  • 6/29/2020 – Mosaic was upgraded by analysts at Bank of America Corp from a “neutral” rating to a “buy” rating. They now have a $15.00 price target on the stock, up previously from $12.00.
  • 6/29/2020 – Bain Capital Specialty Finance was downgraded by analysts at Bank of America Corp from a “buy” rating to a “neutral” rating. They now have a $12.00 price target on the stock.

Latest rating for Invesco Mortgage Capital by other brokers:

  • 6/30/2020 – Invesco Mortgage Capital is now covered by analysts at BofA Securities. They set an “underperform” rating and a $2.50 price target on the stock.
  • 6/24/2020 – Invesco Mortgage Capital was downgraded by analysts at TheStreet from a “c-” rating to a “d” rating.
  • 6/22/2020 – Invesco Mortgage Capital had its “sell” rating re-affirmed by analysts at Credit Suisse Group AG. They now have a $2.50 price target on the stock.
  • 6/1/2020 – Invesco Mortgage Capital was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.

Invesco Mortgage Capital (NYSE:IVR) Moving Average Technical Analysis

5 day Moving Average is $3.71 And 5 day price change is -$0.59 (-14.11%)  with average volume for 5 day average is 13,462,598. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $4.42 and 20 day price change is $0.82 (29.60%) and average 20 day moving volume is 32,368,549. 50 day moving average is $3.30  and 50 day price change is $1.10 ( 44.05%)  and with average volume for 50 days is : 21,749,559. 200 day moving average is $10.06  and 200 day price change is -$9.57 (-72.71%)  and with average volume for 200 days is : 8,898,047.

See More Analyst Rating at: RATING