The -13.88% Decline of Dynex Capital, Inc.’s (DX) Stock in the Past Quarter

The stock of Dynex Capital, Inc. (DX) has seen a -0.66% decrease in the past week, with a -1.14% drop in the past month, and a -2.57% decrease in the past quarter. The volatility ratio for the week is 1.44%, and the volatility levels for the past 30 days are at 1.58% for DX. The simple moving average for the past 20 days is -2.34% for DX’s stock, with a 0.46% simple moving average for the past 200 days.

Is It Worth Investing in Dynex Capital, Inc. (NYSE: DX) Right Now?

The 36-month beta value for DX is at 1.32. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for DX is 56.98M, and currently, shorts hold a 7.30% of that float. The average trading volume for DX on April 04, 2024 was 1.24M shares.

DX) stock’s latest price update

Dynex Capital, Inc. (NYSE: DX)’s stock price has gone decline by -0.49 in comparison to its previous close of 12.18, however, the company has experienced a -0.66% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-03-21 that We’re starting with our latest purchase, then moving onto some charts. Our charts help readers track the sector for both common shares and preferred shares. Mortgage REITs and BDCs are included in the charts for comparison based on various metrics such as price-to-book value, dividend yields, and earnings yield.

Analysts’ Opinion of DX

Many brokerage firms have already submitted their reports for DX stocks, with UBS repeating the rating for DX by listing it as a “Neutral.” The predicted price for DX in the upcoming period, according to UBS is $12.50 based on the research report published on December 06, 2023 of the previous year 2023.

Credit Suisse, on the other hand, stated in their research note that they expect to see DX reach a price target of $15.50, previously predicting the price at $13.50. The rating they have provided for DX stocks is “Outperform” according to the report published on January 09th, 2023.

Keefe Bruyette gave a rating of “Outperform” to DX, setting the target price at $18.75 in the report published on June 09th of the previous year.

DX Trading at -1.88% from the 50-Day Moving Average

After a stumble in the market that brought DX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.45% of loss for the given period.

Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.44%, as shares sank -1.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.57% lower at present.

During the last 5 trading sessions, DX fell by -0.66%, which changed the moving average for the period of 200-days by -2.96% in comparison to the 20-day moving average, which settled at $12.40. In addition, Dynex Capital, Inc. saw -3.19% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for DX

Current profitability levels for the company are sitting at:

  • -0.6 for the present operating margin
  • 1.5 for the gross margin

The net margin for Dynex Capital, Inc. stands at 0.03. The total capital return value is set at 0.1. Equity return is now at value -0.69, with -0.12 for asset returns.

Based on Dynex Capital, Inc. (DX), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 6.18. The interest coverage ratio of the stock is 0.46.

Currently, EBITDA for the company is 209.32 million with net debt to EBITDA at 191.65. When we switch over and look at the enterprise to sales, we see a ratio of -36.46. The receivables turnover for the company is -5.45for trailing twelve months and the total asset turnover is -0.03.

Conclusion

In conclusion, Dynex Capital, Inc. (DX) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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