For the readers interested in the stock health of Orchid Island Capital Inc. (ORC). It is currently valued at $4.99. When the transactions were called off in the previous session, Stock hit the highs of $5.06, after setting-off with the price of $5.03. Company’s stock value dipped to $5.02 during the trading on the day. When the trading was stopped its value was $5.06.Recently in News on October 12, 2021, Orchid Island Capital Announces Estimated Third Quarter 2021 Results, October 2021 Monthly Dividend and September 30, 2021 RMBS Portfolio Characteristics. October 2021 Monthly Dividend of $0.065 Per Share of Common Stock. You can read further details here
Orchid Island Capital Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.22 on 04/14/21, with the lowest value was $4.80 for the same time period, recorded on 08/04/21.
Orchid Island Capital Inc. (ORC) full year performance was -2.13%
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, Orchid Island Capital Inc. shares are logging -19.77% during the 52-week period from high price, and 3.96% 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 $4.80 and $6.22.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1820603 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Orchid Island Capital Inc. (ORC) recorded performance in the market was -3.07%, having the revenues showcasing 0.60% 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 695.80M.
Specialists analysis on Orchid Island Capital Inc. (ORC)
During the last month, 0 analysts gave the Orchid Island Capital Inc. 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 5.16, with a change in the price was noted -0.60. In a similar fashion, Orchid Island Capital Inc. posted a movement of -10.64% for the period of last 100 days, recording 3,466,822 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 ORC is recording 8.15 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Orchid Island Capital Inc. (ORC)
Raw Stochastic average of Orchid Island Capital Inc. in the period of last 50 days is set at 52.70%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.50%. In the last 20 days, the company’s Stochastic %K was 78.49% and its Stochastic %D was recorded 76.14%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -3.07%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -17.59%, alongside a downfall of -2.13% for the period of the last 12 months. The shares 2.22% in the 7-day charts and went up by 0.00% in the period of the last 30 days. Common stock shares were driven by 0.60% during last recorded quarter.