The stock price of Two Harbors Investment Corp (NYSE: TWO) has plunged by -2.10 when compared to previous closing price of 13.78, but the company has seen a -4.33% decline in its stock price over the last five trading sessions. 247wallst.com reported 2024-07-23 that 24/7 Wall Street Insights A 4,000 person Jenius Bank survey revealed that inflation has put 50% of them in dire financial straits.
Is It Worth Investing in Two Harbors Investment Corp (NYSE: TWO) Right Now?
The price-to-earnings ratio for Two Harbors Investment Corp (NYSE: TWO) is above average at 7.95x, Company’s 36-month beta value is 1.87.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TWO is 102.50M, and currently, short sellers hold a 3.31% ratio of that floaft. The average trading volume of TWO on July 25, 2024 was 1.02M shares.
TWO’s Market Performance
TWO’s stock has seen a -4.33% decrease for the week, with a 2.04% rise in the past month and a 7.40% gain in the past quarter. The volatility ratio for the week is 1.84%, and the volatility levels for the past 30 days are at 1.81% for Two Harbors Investment Corp The simple moving average for the last 20 days is 0.82% for TWO stock, with a simple moving average of 4.25% for the last 200 days.
Analysts’ Opinion of TWO
Many brokerage firms have already submitted their reports for TWO stocks, with UBS repeating the rating for TWO by listing it as a “Buy.” The predicted price for TWO in the upcoming period, according to UBS is $14.50 based on the research report published on June 07, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see TWO reach a price target of $14.50. The rating they have provided for TWO stocks is “Neutral” according to the report published on December 06th, 2023.
Maxim Group gave a rating of “Buy” to TWO, setting the target price at $19 in the report published on February 10th of the previous year.
TWO Trading at 3.10% from the 50-Day Moving Average
After a stumble in the market that brought TWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.54% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares surge +1.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.56% upper at present.
During the last 5 trading sessions, TWO fell by -4.33%, which changed the moving average for the period of 200-days by +11.86% in comparison to the 20-day moving average, which settled at $13.39. In addition, Two Harbors Investment Corp saw -3.16% 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 TWO starting from GREENBERG WILLIAM ROSS, who sale 8,170 shares at the price of $12.68 back on May 21 ’24. After this action, GREENBERG WILLIAM ROSS now owns 255,909 shares of Two Harbors Investment Corp, valued at $103,609 using the latest closing price.
Sandberg Rebecca B, the Chief Legal Officer of Two Harbors Investment Corp, sale 4,505 shares at $12.68 during a trade that took place back on May 21 ’24, which means that Sandberg Rebecca B is holding 112,894 shares at $57,131 based on the most recent closing price.
Stock Fundamentals for TWO
Current profitability levels for the company are sitting at:
- -4.69 for the present operating margin
- 3.42 for the gross margin
The net margin for Two Harbors Investment Corp stands at -4.59. The total capital return value is set at 0.02. Equity return is now at value 12.27, with 2.03 for asset returns.
Based on Two Harbors Investment Corp (TWO), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 0.41.
Currently, EBITDA for the company is -129.03 million with net debt to EBITDA at 4.68. When we switch over and look at the enterprise to sales, we see a ratio of -46.37. The receivables turnover for the company is -0.1for trailing twelve months and the total asset turnover is -0.0.
Conclusion
In a nutshell, Two Harbors Investment Corp (TWO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
