The stock of AGNC Investment Corp. (AGNC) has gone up by 3.92% for the week, with a 5.45% rise in the past month and a -1.76% drop in the past quarter. The volatility ratio for the week is 1.55%, and the volatility levels for the past 30 days are 1.66% for AGNC. The simple moving average for the past 20 days is 3.14% for AGNC’s stock, with a -1.10% simple moving average for the past 200 days.
Is It Worth Investing in AGNC Investment Corp. (NASDAQ: AGNC) Right Now?
Additionally, the 36-month beta value for AGNC is 1.22. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for AGNC is $10.53, which is $0.46 above the current price. The public float for AGNC is 602.79M and currently, short sellers hold a 4.65% ratio of that float. The average trading volume of AGNC on September 18, 2023 was 10.49M shares.
AGNC) stock’s latest price update
AGNC Investment Corp. (NASDAQ: AGNC)’s stock price has decreased by -0.20 compared to its previous closing price of 10.09. However, the company has seen a 3.92% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2023-09-10 that As an income investor, I look for dividends that are paid from sources that consumers consider to be essential living expenses. A recession is looming on the horizon, and yet mortgage payments are still expected to be paid. Creating a retirement portfolio should be based on buying and holding investments that generate reliable income.
Analysts’ Opinion of AGNC
Many brokerage firms have already submitted their reports for AGNC stocks, with JP Morgan repeating the rating for AGNC by listing it as a “Overweight.” The predicted price for AGNC in the upcoming period, according to JP Morgan is $12.50 based on the research report published on March 08, 2023 of the current year 2023.
AGNC Trading at 1.45% from the 50-Day Moving Average
After a stumble in the market that brought AGNC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.80% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares surge +6.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.34% upper at present.
During the last 5 trading sessions, AGNC rose by +3.92%, which changed the moving average for the period of 200-days by +3.18% in comparison to the 20-day moving average, which settled at $9.79. In addition, AGNC Investment Corp. saw -2.71% 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 AGNC starting from Bell Bernice, who sale 5,000 shares at the price of $9.93 back on Aug 31. After this action, Bell Bernice now owns 258,947 shares of AGNC Investment Corp., valued at $49,650 using the latest closing price.
Davis Morris A., the Director of AGNC Investment Corp., purchase 4,772 shares at $10.48 during a trade that took place back on Jul 27, which means that Davis Morris A. is holding 55,060 shares at $49,991 based on the most recent closing price.
Stock Fundamentals for AGNC
Current profitability levels for the company are sitting at:
- -17.10 for the present operating margin
- +100.00 for the gross margin
The net margin for AGNC Investment Corp. stands at -36.02. The total capital return value is set at -0.96, while invested capital returns managed to touch -12.95. Equity return is now at value -1.40, with -0.10 for asset returns.
Based on AGNC Investment Corp. (AGNC), the company’s capital structure generated 544.99 points at debt to equity in total, while total debt to capital is 84.50. Total debt to assets is 82.88, with long-term debt to equity ratio resting at 1.52. Finally, the long-term debt to capital ratio is 0.19.
When we switch over and look at the enterprise to sales, we see a ratio of 27.22, with the company’s debt to enterprise value settled at 0.90. The receivables turnover for the company is 0.38 and the total asset turnover is 0.06.
Conclusion
In conclusion, AGNC Investment Corp. (AGNC) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
