Annaly Capital Management, Inc. (NYSE:NLY) runs in leading trade, it are surging 1.21% to traded at $10.02. NLY attains analyst recommendation of 2.90 on scale of 1-5 with week’s performance of -4.57%.
Annaly Capital Management Inc. (NLY) was the recipient of a important decrease in short interest in September. As of September 15th, there was short interest totalling 28,209,834 shares, a decrease of 5.8% from the August 31st total of 29,931,534 shares. About 2.8% of the firm’s stock are sold short. Based on an average daily trading volume, of 8,335,712 shares, the short-interest ratio is presently 3.4 days.
To find out the technical position of NLY, it holds price to book ratio of 0.87 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 8.53. NLY is presenting price to cash flow of 3.60 and free cash flow concluded as 6.17.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 143.20%, and looking further price to next year’s EPS is -0.34%.
Ocwen Financial Corp. (NYSE:OCN) kept active in under and overvalue discussion, OCN holds price to book ratio of 0.71 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation.
Fundament/ News Factor in Focus
The co is presenting price to cash flow as 2.16 and while calculating price to free cash flow it concluded at 3.09, the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 7.14% for a week and 5.56% for a month. Its beta stands at 1.31 times. Narrow down four to firm performance, its weekly performance was 1.91% and monthly performance was 11.98%.