The stock of Dynex Capital, Inc. (DX) has gone down by -1.37% for the week, with a -7.69% drop in the past month and a -7.99% drop in the past quarter. The volatility ratio for the week is 2.09%, and the volatility levels for the past 30 days are 1.85% for DX. The simple moving average for the last 20 days is -4.94% for DX stock, with a simple moving average of -4.45% for the last 200 days.
Is It Worth Investing in Dynex Capital, Inc. (NYSE: DX) Right Now?
The 36-month beta value for DX is also noteworthy at 1.33. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for DX is 57.46M, and at present, short sellers hold a 7.22% of that float. The average trading volume of DX on April 18, 2024 was 1.31M shares.
DX) stock’s latest price update
The stock of Dynex Capital, Inc. (NYSE: DX) has increased by 0.52 when compared to last closing price of 11.46. Despite this, the company has experienced a -1.37% fall in its stock price over the last five trading sessions. 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 Compass Point repeating the rating for DX by listing it as a “Buy.” The predicted price for DX in the upcoming period, according to Compass Point is $14.50 based on the research report published on April 12, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see DX reach a price target of $12.50. The rating they have provided for DX stocks is “Neutral” according to the report published on December 06th, 2023.
Credit Suisse gave a rating of “Outperform” to DX, setting the target price at $15.50 in the report published on January 09th of the previous year.
DX Trading at -5.79% 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 -12.98% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 2.09%, as shares sank -7.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.87% lower at present.
During the last 5 trading sessions, DX fell by -1.37%, which changed the moving average for the period of 200-days by -8.50% in comparison to the 20-day moving average, which settled at $12.07. In addition, Dynex Capital, Inc. saw -7.99% 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 -36.24. The receivables turnover for the company is -5.45for trailing twelve months and the total asset turnover is -0.03.
Conclusion
In summary, Dynex Capital, Inc. (DX) 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.
