Orchid Island Capital Inc (ORC) Stock: A Study of the Market Performance

The stock of Orchid Island Capital Inc (ORC) has seen a -1.50% decrease in the past week, with a -1.16% drop in the past month, and a -0.23% decrease in the past quarter. The volatility ratio for the week is 1.16%, and the volatility levels for the past 30 days are at 1.89% for ORC. The simple moving average for the past 20 days is -0.29% for ORC’s stock, with a 2.12% 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 1.83. 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.”

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The public float for ORC is 52.77M, and currently, short sellers hold a 6.40% ratio of that float. The average trading volume of ORC on May 23, 2024 was 1.27M shares.

ORC) stock’s latest price update

Orchid Island Capital Inc (NYSE: ORC) has seen a decline in its stock price by -1.04 in relation to its previous close of 8.62. However, the company has experienced a -1.50% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-05-19 that Prior to April 30, 2024, my Readers mentioned 31 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, they remarked about the ReFa/Ro. Ten analyst-target-estimated top net gain ReFa/Ro: ORC, JNJ, CVX, FTN.CA, OXLC, ACRE, MED, RC, INTC, and VFC averaged 22.94% net gains from reader data collected 5/15/23. Ten analyst-target-augured April top price upside reader faves & rogues (ReFa/Ro) were: ORI, O, KVUE, PFE, WES, CVX, JNJ, RC, INTC & VFC boasting a 16.43% average target price upside estimate.

ORC Trading at -0.66% 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 -24.31% of loss for the given period.

Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares surge +1.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.40% lower at present.

During the last 5 trading sessions, ORC fell by -1.50%, which changed the moving average for the period of 200-days by -16.13% in comparison to the 20-day moving average, which settled at $8.56. In addition, Orchid Island Capital Inc saw 1.19% in overturn over a single year, with a tendency to cut further gains.

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:

  • 0.3 for the present operating margin
  • 0.96 for the gross margin

The net margin for Orchid Island Capital Inc stands at -0.08. The total capital return value is set at 0.18. 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 0.01. The debt to equity ratio resting at 7.71. The interest coverage ratio of the stock is 0.91.

Currently, EBITDA for the company is 162.69 million with net debt to EBITDA at 41.02. When we switch over and look at the enterprise to sales, we see a ratio of 13.68. The receivables turnover for the company is 18.54for trailing twelve months and the total asset turnover is 0.07.

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.

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