LONDON, April 14, 2014 /PRNewswire/ --
The trading session on Friday, April 11, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,026.75, down 0.89% and the NASDAQ Composite closed at 3,999.73, down 1.34%. The S&P 500 finished the session 0.95% lower at 1,815.69. The losses were broad based as all the ten sectors finished on a negative note. The S&P 500 Financials Sector Index finished the day at 286.83, down 1.17%, and the same has lost 2.21% in the last one month. Investor-Edge has initiated coverage on the following equities: Two Harbors Investment Corp. (NYSE: TWO), ARMOUR Residential REIT Inc. (NYSE: ARR), New Residential Investment Corp. (NYSE: NRZ) and NYSE Mortgage Trust Inc. (NASDAQ: NYMT). Free technical research on TWO, ARR, NRZ and NYMT can be downloaded upon signing up at:
On Friday, shares in Two Harbors Investment Corp. closed the day at $10.33, down 0.39%. The stock recorded a trading volume of 2.44 million shares as compared with its three months average volume of 3.71 million shares. The stock oscillated between $10.31 and $10.45 during the trading session. The company's shares traded at a PE ratio of 7.28. Two Harbors Investment Corp.'s shares have declined 0.48% in the previous three trading sessions and 1.81% in the last one month, while the same has advanced 11.31% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $10.25 and $9.78, respectively. Moreover, the stock has a Relative Strength Index (RSI) of 50.50. Sign up today to read free research on TWO at:
ARMOUR Residential REIT Inc.'s shares finished the session 1.89% lower at $4.16. A total of 4.36 million shares were traded on Friday, which is below the three months average volume of 4.57 million shares. The stock fluctuated between $4.13 and $4.21 during the session. ARMOUR Residential REIT Inc.'s stock has fallen by 2.58% in the previous three trading sessions and 2.80% in the last one month, while the same has gained 3.74% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $4.24 and $4.18, respectively. Further, the stock has an RSI of 44.94. Sign up today to read free research on ARR at:
Shares in New Residential Investment Corp. reported a trading volume of 1.45 million shares, as compared with its three months average volume of 1.91 million shares. The stock ended the day at $6.21, down 0.48% and at an intraday range of $6.20 and $6.30. New Residential Investment Corp.'s shares have declined 1.74% in the previous three trading sessions, 4.46% in the last month and 7.04% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $6.44, each. Furthermore, the stock has an RSI of 37.22. Sign up today to read free research on NRZ at:
New York Mortgage Trust Inc.'s stock recorded a trading volume of 1.12 million shares, as compared with its three months average volume of 1.53 million shares. The stock ended the day at $7.47, down 0.66%, after vacillating between $7.47 and $7.55. New York Mortgage Trust Inc.'s stock has fallen by 1.58% in the previous three trading sessions and 4.48% in the last one month, while the same has gained 6.87% on YTD basis. Shares of the company traded at a PE ratio of 6.22. The company's stock is trading below its 50-day moving average. New York Mortgage Trust Inc.'s 50-day moving average of $7.59 is above its 200-day moving average of $6.82. Additionally, shares of the company have an RSI of 42.14. Sign up today to read free research on NYMT at:
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