Today's Technical View: Nationstar Mortgage, Western Asset Mortgage Capital, Doral Financial, and KKR Financial Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 26, 2013 /PRNewswire/ --
On Tuesday, June 25, 2013, shares in mortgage investment companies ended mostly higher, tracking gains in the broader market. The major movers included Nationstar Mortgage Holdings Inc. (NYSE: NSM), Western Asset Mortgage Capital Corp. (NYSE: WMC), Doral Financial Corp. (NYSE: DRL), and KKR Financial Holdings LLC (NYSE: KFN). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on NSM, WMC, DRL, and KFN are currently available upon sign up at
Shares in Nationstar Mortgage Holdings Inc. rose sharply on Tuesday, reversing some of its losses from previous trading sessions. The company's shares oscillated between $36.41 and $37.51 before finishing the day 3.66% higher at $37.40. A total of 992,394 shares were traded which is below the daily average volume of 1.32 million. However, despite the gains on Tuesday, the company's shares have fallen 6.41% in the last three trading sessions. In the last three months, however, the stock has gained 11.54%, thus outperforming the S&P 500. Sign up for free technical analysis on NSM at:
Western Asset Mortgage Capital Corp.'s stock rallied on Tuesday, tracking gains in the broader market. The company's shares fluctuated between $17.56 and $18.14 before finishing the day 4.88% higher at $18.07. A total of 1.14 million shares were traded which is below the daily average volume of 1.18 million. However, despite Tuesday's gains, Western Asset Mortgage Capital's shares are trading near their 52-week low of $16.37. Download free report on WMC by registering at:
Shares in Doral Financial Corp. fell sharply on Tuesday, extending their losses from previous trading sessions. The company's shares ended the day 1.43% lower at $0.887 after oscillating between $0.82 and $0.92. A total of 1.37 million shares were traded which is above the daily average volume of 1.02 million. In the last three trading sessions, the company's shares have fallen 4.70%. However, despite the recent losses, the stock is still up 22.68% in the last three months. The free report on DRL can be downloaded by signing up now at:
KKR Financial Holdings LLC's stock rose sharply on Tuesday, reversing all of its losses from two previous trading sessions. The company's shares closed the day 2.35% higher at $10.44 after fluctuating between $10.28 and $10.47. A total of 354,655 shares were traded which is below the daily average volume of 667,299. KKR Financial's shares are now up 0.48% in the last three trading sessions. A free report on KFN can be accessed by registering at:
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SOURCE AAA Research Reports