For the readers interested in the stock health of New Residential Investment Corp. (NRZ). It is currently valued at $9.97. When the transactions were called off in the previous session, Stock hit the highs of $10.09, after setting-off with the price of $10.01. Company’s stock value dipped to $9.76 during the trading on the day. When the trading was stopped its value was $10.08.
Recently in News on February 16, 2021, New Residential Investment Corp. Announces Authorization of Common Share Repurchase Program of Up to $200 Million. New Residential Investment Corp. (NYSE: NRZ, “New Residential”, the “Company”) announced today that the Company’s Board of Directors (the “Board”) authorized a new share repurchase program of up to $200 million of the Company’s common shares through December 31, 2021. You can read further details here
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New Residential Investment Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.15 on 02/08/21, with the lowest value was $9.32 for the same time period, recorded on 01/29/21.
New Residential Investment Corp. (NRZ) full year performance was -43.32%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, New Residential Investment Corp. shares are logging -43.54% during the 52-week period from high price, and 242.61% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.91 and $17.66.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 6847742 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the New Residential Investment Corp. (NRZ) recorded performance in the market was 0.30%, having the revenues showcasing 19.69% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.06B.
The Analysts eye on New Residential Investment Corp. (NRZ)
During the last month, 0 analysts gave the New Residential Investment Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.06, with a change in the price was noted +2.51. In a similar fashion, New Residential Investment Corp. posted a movement of +33.65% for the period of last 100 days, recording 4,598,798 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NRZ is recording 5.08 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.83.
Technical rundown of New Residential Investment Corp. (NRZ)
Raw Stochastic average of New Residential Investment Corp. in the period of last 50 days is set at 69.23%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 78.31%. In the last 20 days, the company’s Stochastic %K was 73.49% and its Stochastic %D was recorded 60.37%.
Considering, the past performance of New Residential Investment Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.30%. Additionally, trading for the stock in the period of the last six months notably improved by 23.85%, alongside a downfall of -43.32% for the period of the last 12 months. The shares increased approximately by 4.07% in the 7-day charts and went down by 6.06% in the period of the last 30 days. Common stock shares were driven by 19.69% during last recorded quarter.