Two Harbors Investment Corp. (NYSE:TWO) went up by 0.66% from its latest closing price compared to the recent 1-year high of $8.15. The company’s stock price has collected -1.30% of loss in the last five trading sessions. Press Release reported on 11/08/21 that Two Harbors Investment Corp. Reports Third Quarter 2021 Financial Results
Is It Worth Investing in Two Harbors Investment Corp. (NYSE :TWO) Right Now?
Two Harbors Investment Corp. (NYSE:TWO) scored a price-to-earnings ratio above its average ratio, recording 5.22 x from its present earnings ratio. Plus, the 36-month beta value for TWO is at 1.76. Opinions of the stock are interesting as 2 analysts out of 9 who provided ratings for Two Harbors Investment Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.54, which is $0.49 above the current price. TWO currently public float of 272.02M and currently shorts hold a 6.09% ratio of that float. Today, the average trading volume of TWO was 3.78M shares.
TWO’s Market Performance
TWO stocks went down by -1.30% for the week, with a monthly drop of -9.52% and a quarterly performance of -7.74%, while its annual performance rate touched -6.89%. The volatility ratio for the week stands at 1.56% while the volatility levels for the past 30 days are set at 1.90% for Two Harbors Investment Corp.. The simple moving average for the period of the last 20 days is -3.40% for TWO stocks with a simple moving average of -12.32% for the last 200 days.
Analysts’ Opinion of TWO
Many brokerage firms have already submitted their reports for TWO stocks, with Credit Suisse repeating the rating for TWO by listing it as a “Neutral.” The predicted price for TWO in the upcoming period, according to Credit Suisse is $7.50 based on the research report published on June 29th of the current year 2021.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see TWO reach a price target of $6.75. The rating they have provided for TWO stocks is “Mkt Perform” according to the report published on December 18th, 2020.
Jefferies gave a rating of “Hold” to TWO, setting the target price at $6.50 in the report published on December 14th of the previous year.
TWO Trading at -5.94% from the 50-Day Moving Average
After a stumble in the market that brought TWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.40% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares sank -5.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.74% lower at present.
During the last 5 trading sessions, TWO fell by -1.30%, which changed the moving average for the period of 200-days by -5.30% in comparison to the 20-day moving average, which settled at $6.28. In addition, Two Harbors Investment Corp. saw -4.55% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at TWO starting from KOEPPEN MATTHEW, who sale 84,913 shares at the price of $6.46 back on Aug 12. After this action, KOEPPEN MATTHEW now owns 33,500 shares of Two Harbors Investment Corp., valued at $548,122 using the latest closing price.
KOEPPEN MATTHEW, the Former Chief Inv. Officer of Two Harbors Investment Corp., sale 110,000 shares at $6.44 during a trade that took place back on Aug 11, which means that KOEPPEN MATTHEW is holding 118,413 shares at $708,587 based on the most recent closing price.
Stock Fundamentals for TWO
The total capital return value is set at -5.06, while invested capital returns managed to touch -33.63. Equity return is now at value 18.40, with 2.50 for asset returns.
Based on Two Harbors Investment Corp. (TWO), the company’s capital structure generated 521.52 points at debt to equity in total, while total debt to capital is 83.91. Total debt to assets is 82.55, with long-term debt to equity ratio resting at 42.89. Finally, the long-term debt to capital ratio is 4.72.
When we switch over and look at the enterprise to sales, we see a ratio of -476.77, with the company’s debt to enterprise value settled at 0.92. The receivables turnover for the company is -2.77 and the total asset turnover is -0.03.