The stock of Orchid Island Capital Inc (ORC) has gone down by -2.43% for the week, with a -3.66% drop in the past month and a 5.51% rise in the past quarter. The volatility ratio for the week is 2.97%, and the volatility levels for the past 30 days are 2.56% for ORC. The simple moving average for the past 20 days is -0.21% for ORC’s stock, with a -1.07% simple moving average for the past 200 days.
Is It Worth Investing in Orchid Island Capital Inc (NYSE: ORC) Right Now?
ORC has 36-month beta value of 1.80. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ORC is 52.77M, and currently, short sellers hold a 5.69% ratio of that float. The average trading volume of ORC on May 02, 2024 was 1.16M shares.
ORC) stock’s latest price update
The stock of Orchid Island Capital Inc (NYSE: ORC) has increased by 1.08 when compared to last closing price of 8.33. Despite this, the company has experienced a -2.43% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-26 that Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (84); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 4/24/24.
ORC Trading at -1.77% from the 50-Day Moving Average
After a stumble in the market that brought ORC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.28% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -3.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.45% upper at present.
During the last 5 trading sessions, ORC fell by -2.43%, which changed the moving average for the period of 200-days by -18.41% in comparison to the 20-day moving average, which settled at $8.42. In addition, Orchid Island Capital Inc saw -0.12% 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 ORC starting from Haas G Hunter IV, who purchase 2,194 shares at the price of $8.61 back on Dec 20 ’23. After this action, Haas G Hunter IV now owns 52,450 shares of Orchid Island Capital Inc, valued at $18,879 using the latest closing price.
Haas G Hunter IV, the Chief Financial Officer of Orchid Island Capital Inc, sale 2,194 shares at $8.60 during a trade that took place back on Dec 20 ’23, which means that Haas G Hunter IV is holding 50,256 shares at $18,878 based on the most recent closing price.
Stock Fundamentals for ORC
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.9 for the gross margin
The net margin for Orchid Island Capital Inc stands at -0.16. The total capital return value is set at 0.12. Equity return is now at value -4.93, with -0.54 for asset returns.
Based on Orchid Island Capital Inc (ORC), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 7.89. The interest coverage ratio of the stock is 0.77.
Currently, EBITDA for the company is 162.69 million with net debt to EBITDA at 58.29. When we switch over and look at the enterprise to sales, we see a ratio of 15.8. The receivables turnover for the company is 16.67for trailing twelve months and the total asset turnover is 0.06.
Conclusion
To put it simply, Orchid Island Capital Inc (ORC) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
