NY MTG TR INC/SH (NASDAQ:NYMT) Upgraded by BidaskClub to Buy

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NY MTG TR INC/SH stock has undergone multiple analysts rating changes in the recent past.  NY MTG TR INC/SH Upgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of NY MTG TR INC/SH traded up $0.06 on Monday, reaching $2.68. 0 shares of the stock traded hands, compared to its average volume of 11227018. Shares of NY MTG TR INC/SH ended Monday on at $2.68. The firm’s 50 day moving average is $2.29 and its 200 day moving average is $4.66.NY MTG TR INC/SH  has a 12 month low of $2.54 and a 12 month high of $6.47. While on yearly highs and lows, NY MTG TR INC/SH’s today has traded high as $2.70 and has touched $2.54 on the downward trend. See More Analyst Rating at: RATING

NY MTG TR INC/SH Earnings and What to expect: 

NY MTG TR INC/SH last announced its quarterly earnings results on May 21st, 2020. The real estate investment trust reported ($1.71) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.98) by $0.73. The firm had revenue of $47.08 million for the quarter, compared to analysts’ expectations of $46.50 million. NY MTG TR INC/SH has generated $0.64 earnings per share over the last year. NY MTG TR INC/SH has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, August 3rd, 2020 based off prior year’s report dates.

Earnings for NY MTG TR INC/SH are expected to grow in the coming year, from ($1.59) to $0.35 per share. The P/E ratio of NY MTG TR INC/SH is -2.09, 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 NY MTG TR INC/SH is -2.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. NY MTG TR INC/SH has a P/B Ratio of 0.51. 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: 0.60%
  • On 3/13/2020 President Jason T Serrano Buy 60,000 at average share price of $3.91 which equates to $234,600.00 in money value.
  • On 3/13/2020 CFO Kristine Rimando Nario-Eng Buy 7,500 at average price of  $4.00 with total value of : Not Data Available
  • On 3/13/2020 COO Nathan R Reese Buy 5,000 at average price of  $4.22 with total value of : $21,100.00

Analyst at BidaskClub are also talking about :

  • 6/30/2020 – Winmark was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Vaxart was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – VSE was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Verisign was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

NY MTG TR INC/SH (NASDAQ:NYMT) Moving Average Technical Analysis

5 day Moving Average is $2.66 And 5 day price change is $0.11 (4.08%)  with average volume for 5 day average is 7,396,900. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $2.71 and 20 day price change is $0.46 (20.72%) and average 20 day moving volume is 11,533,150. 50 day moving average is $2.29  and 50 day price change is $0.58 ( 27.62%)  and with average volume for 50 days is : 10,291,672. 200 day moving average is $4.66  and 200 day price change is -$3.46 (-56.35%)  and with average volume for 200 days is : 8,952,910.

See More Analyst Rating at: RATING