Analysis Of The Weekly Performance Of AGNC Investment Corp. (AGNC)

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AGNC Investment Corp. (NASDAQ:AGNC) finished Thursday with an addition of $0.07 to close at $10.48, an upside of 0.67 percent. An average of 10,403,740 shares of common stock have been traded in the last five days. There was a fall of -$0.10 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 11,248,455 shares traded, while the 50-day average volume stands at 13,252,466.

AGNC stock has increased by 7.93% in the last month. The company shares reached their 1-month lowest point of $9.55 on 12/06/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $7.30 and a high of $15.66 in 52 weeks. It has reached a new high 2 times so far this year and lost -30.32% or -$4.56 in price. In spite of this, the price is down -33.08% from the 52-week high.


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Insider Transactions

AGNC stock investors should be aware that AGNC Investment Corp. (AGNC) stock had its last reported insider trading activity 322 days ago on Feb 11. In this transaction, the insider spent $2,819,760. Director, Executive Chair, Kain Gary D, disposed of 400,000 shares at a price of $14.10 on Feb 11. The insider now owns more than $5,639,520 worth of shares.

Valuation Metrics

AGNC Investment Corp. (AGNC) stock’s beta is 1.13. Other valuation ratios to consider include the price-to-book (PB) ratio at 0.99, and the price-to-cash flow ratio at 13.54.

Financial Health

Further, the company has a long term debt to equity ratio of 0.02 and a total debt to equity ratio of 7.23 for the quarter ending September 29.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, AGNC Investment Corp.’s return on assets was -3.00%.

Earnings Surprise

The analyst consensus anticipated AGNC Investment Corp.’s latest quarter earnings to come in at $0.69 per share, but it turned out to be $0.84, a 21.70% surprise. At the end of the quarter ending September 29, AGNC Investment Corp.’s stock balance sheet showed total debt was $41.63 billion. Shareholders own equity worth $571.62 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at AGNC Investment Corp. (AGNC) price momentum. RSI 9-day as of the close on 29 December was 60.92%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.49%.

As of today, AGNC’s price is $10.59 -0.95% or -$0.10 from its 5-day moving average. AGNC is currently trading +4.90% higher than its 20-day SMA and -15.55% lower than its 100-day SMA. However, the stock’s current price level is +29.54% above the SMA50 and -18.76% below the SMA200.

The stochastic %K and %D were 79.10% and 88.42%, respectively, and the average true range (ATR) was 0.29. With the 14-day stochastic at 73.63% and the average true range at 0.30, the RSI (14) stands at 62.29%. The stock has reached 0.06 on the 9-day MACD Oscillator while the 14-day reading was at 0.20.

Analyst Ratings

Barclays upgraded AGNC Investment Corp. (NASDAQ: AGNC) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for AGNC Investment Corp. (AGNC) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AGNC, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.

What is AGNC’s price target for the next 12 months?

Analysts predict a range of price targets between $8.50 and $11.25, with a median target of $9.25. Taking a look at these predictions, the average price target given by analysts for AGNC Investment Corp. (AGNC) stock is $9.50.

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