Annaly Capital Management Inc (NLY) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for NLY is 1.60.

The public float for NLY is 498.17M and currently, short sellers hold a 1.60% of that float. On February 13, 2024, NLY’s average trading volume was 0.81 shares.

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NLY) stock’s latest price update

Annaly Capital Management Inc (NYSE: NLY) has experienced a rise in its stock price by 19.08 compared to its previous closing price of 20.38. However, the company has seen a gain of 0.95% in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-12 that Annaly (NLY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.

NLY’s Market Performance

Annaly Capital Management Inc (NLY) has experienced a 0.95% rise in stock performance for the past week, with a -2.45% drop in the past month, and a 13.17% rise in the past quarter. The volatility ratio for the week is 1.96%, and the volatility levels for the past 30 days are at 2.01% for NLY.. The simple moving average for the past 20 days is 5.36% for NLY’s stock, with a Feb 07 AMC simple moving average for the past 200 days.

Analysts’ Opinion of NLY

Many brokerage firms have already submitted their reports for NLY stocks, with UBS repeating the rating for NLY by listing it as a “Neutral.” The predicted price for NLY in the upcoming period, according to UBS is $19 based on the research report published on December 06, 2023 of the previous year 2023.

NLY Trading at -64.57% from the 50-Day Moving Average

After a stumble in the market that brought NLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.15% of loss for the given period.

Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares sank -2.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.41% upper at present.

During the last 5 trading sessions, NLY rose by +0.95%, which changed the moving average for the period of 200-days by +0.10% in comparison to the 20-day moving average, which settled at $19.25. In addition, Annaly Capital Management Inc saw -1.50% 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 NLY starting from Finkelstein David L, who sale 50,000 shares at the price of $17.04 back on Nov 06. After this action, Finkelstein David L now owns 545,259 shares of Annaly Capital Management Inc, valued at $852,000 using the latest closing price.

Stock Fundamentals for NLY

Equity return is now at value -14.59, with -1.88 for asset returns.

Conclusion

To wrap up, the performance of Annaly Capital Management Inc (NLY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

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