The stock of Claros Mortgage Trust Inc (CMTG) has seen a 1.50% increase in the past week, with a 2.14% gain in the past month, and a -2.76% decrease in the past quarter. The volatility ratio for the week is 3.56%, and the volatility levels for the past 30 days are at 3.53% for CMTG. The simple moving average for the past 20 days is 1.70% for CMTG’s stock, with a -16.20% simple moving average for the past 200 days.
Is It Worth Investing in Claros Mortgage Trust Inc (NYSE: CMTG) Right Now?
Additionally, the 36-month beta value for CMTG is 1.51. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it 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 CMTG is 128.03M and currently, short sellers hold a 4.80% ratio of that float. The average trading volume of CMTG on September 20, 2024 was 356.36K shares.
CMTG) stock’s latest price update
Claros Mortgage Trust Inc (NYSE: CMTG) has experienced a decline in its stock price by -5.59 compared to its previous closing price of 8.58. However, the company has seen a gain of 1.50% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-29 that Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Speculative Buys due to their significant discounts to book value and growth prospects.
Analysts’ Opinion of CMTG
UBS gave a rating of “Neutral” to CMTG, setting the target price at $11.50 in the report published on December 06th of the previous year.
CMTG Trading at -3.89% from the 50-Day Moving Average
After a stumble in the market that brought CMTG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.89% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 3.56%, as shares surge +3.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.74% lower at present.
During the last 5 trading sessions, CMTG rose by +1.50%, which changed the moving average for the period of 200-days by -37.35% in comparison to the 20-day moving average, which settled at $7.98. In addition, Claros Mortgage Trust Inc saw -40.57% 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 CMTG starting from Mack Richard, who purchase 40,000 shares at the price of $6.90 back on May 29 ’24. After this action, Mack Richard now owns 2,591,853 shares of Claros Mortgage Trust Inc, valued at $276,000 using the latest closing price.
Siegel Jeffrey D, the of Claros Mortgage Trust Inc, purchase 5,000 shares at $7.23 during a trade that took place back on May 28 ’24, which means that Siegel Jeffrey D is holding 167,242 shares at $36,150 based on the most recent closing price.
Stock Fundamentals for CMTG
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.16 for the gross margin
The net margin for Claros Mortgage Trust Inc stands at -0.42. The total capital return value is set at 0.0. Equity return is now at value -4.34, with -1.24 for asset returns.
Based on Claros Mortgage Trust Inc (CMTG), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.45. The interest coverage ratio of the stock is 0.06.
Currently, EBITDA for the company is 116.82 million with net debt to EBITDA at 43.19. When we switch over and look at the enterprise to sales, we see a ratio of 26.37. The receivables turnover for the company is 0.04for trailing twelve months and the total asset turnover is 0.03.
Conclusion
In conclusion, Claros Mortgage Trust Inc (CMTG) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
