ARMOUR Residential REIT Inc. (NYSE: ARR)’s stock price has decreased by 0.00 compared to its previous closing price of 5.02. However, the company has experienced a -4.02% decline in its stock price over the last five trading sessions.
Is It Worth Investing in ARMOUR Residential REIT Inc. (NYSE: ARR) Right Now?
The 36-month beta value for ARR is also noteworthy at 1.25. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
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The average price estimated by analysts for ARR is $5.58, which is $0.56 above than the current price. The public float for ARR is 130.89M, and at present, short sellers hold a 10.32% of that float. The average trading volume of ARR on March 17, 2023 was 6.63M shares.
ARR’s Market Performance
ARR’s stock has seen a -4.02% decrease for the week, with a -15.35% drop in the past month and a -14.19% fall in the past quarter. The volatility ratio for the week is 4.93%, and the volatility levels for the past 30 days are at 3.25% for ARMOUR Residential REIT Inc. The simple moving average for the last 20 days is -7.39% for ARR stock, with a simple moving average of -19.30% for the last 200 days.
Analysts’ Opinion of ARR
Many brokerage firms have already submitted their reports for ARR stocks, with B. Riley Securities repeating the rating for ARR by listing it as a “Neutral.” The predicted price for ARR in the upcoming period, according to B. Riley Securities is $9.50 based on the research report published on February 22nd of the previous year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see ARR reach a price target of $11.50. The rating they have provided for ARR stocks is “Neutral” according to the report published on July 14th, 2021.
ARR Trading at -13.72% from the 50-Day Moving Average
After a stumble in the market that brought ARR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.70% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 4.93%, as shares sank -12.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.30% lower at present.
During the last 5 trading sessions, ARR fell by -4.02%, which changed the moving average for the period of 200-days by -33.69% in comparison to the 20-day moving average, which settled at $5.38. In addition, ARMOUR Residential REIT Inc. saw -10.83% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARR starting from Zimmer Jeffrey J, who sale 33,378 shares at the price of $5.82 back on Dec 22. After this action, Zimmer Jeffrey J now owns 193,476 shares of ARMOUR Residential REIT Inc., valued at $194,313 using the latest closing price.
Stock Fundamentals for ARR
Equity return is now at value -23.90, with -2.60 for asset returns.
Conclusion
In summary, ARMOUR Residential REIT Inc. (ARR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
