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CIM Stock Update: Chimera Investment Corp’s Banking’s Market Struggles and Potential Opportunities

Chimera Investment Corp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $16.89 on 09/20/24, and the lowest price during that time was $11.28, recorded on 06/11/24.

52-week price history of CIM Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Chimera Investment Corp’s current trading price is -17.64% away from its 52-week high, while its distance from the 52-week low is 23.26%. The stock’s price range during this period has fluctuated between $11.28 and $16.89. Shares of the company, which operates in the Real Estate sector, recorded a trading volume of around 1.91 million for the day, which was evidently higher than the average daily volume of 0.51 million over the last three months.

Financial Performance and Market Capitalization

Chimera Investment Corp (CIM) has experienced a quarterly decline of -8.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.12B and boasts a workforce of 39 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 14.95, with a change in price of -2.29. Similarly, Chimera Investment Corp recorded 546,799 in trading volume during the last 100 days, posting a change of -14.14%.

CIM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CIM stands at 3.93. Similarly, the long-term debt-to-equity ratio is also 2.47.

CIM Stock Stochastic Average

The raw stochastic average for Chimera Investment Corp over the last 50 days is presently at 26.63%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 21.51%. Further, the company’s Stochastic %K and %D values for the last 20 days were 64.29% and 81.40%, respectively.

CIM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -0.64%.However, over the last six months, we can see a stronger performance of -2.45%. Over the last 30 days, the price of CIM has fallen by 1.98%. And in the last five days, it has fallen by -8.12%.

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