Annaly Capital Management Inc. (NYSE:NLY) saw a downside of -0.57% to close Monday at $22.61 after subtracting -$0.13 on the day. The 5-day average trading volume is 5,982,880 shares of the company’s common stock. It has gained $22.82 in the past week and touched a new high 2 times within the past 5 days. An average of 6,319,420 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,766,600.
NLY’s 1-month performance is 4.05% or $0.12 on its low of $20.88 reached on 12/30/22. The company’s shares have touched a 52-week low of $15.11 and high of $31.76, with the stock’s rally to the 52-week high happening on 01/12/23. YTD, NLY has achieved 7.26% or $1.53 and has reached a new high 6 times. However, the current price is down -28.81% from the 52-week high price.
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NLY stock has a beta of 1.40. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.63 while the price-to-book (PB) in the most recent quarter is 1.04.
As well, the company’s long term debt to equity for the quarter ending September 29 was 0.95, while the total debt to equity was 6.75. In terms of profitability, the gross margin trailing 12 months is 82.20%. The firm’s gross profit as reported stood at $1.73 billion against revenue of $1.98 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected NLY to announce $0.99 per share in earnings in its latest quarter, but it posted $1.06, representing a 7.10% surprise. Shareholders hold equity totaling $467.87 million.
Let’s look briefly at Annaly Capital Management Inc. (NLY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 59.92% to suggest the stock is trending Neutral, with historical volatility in this time period at 12.34%.
The stock’s 5-day moving average is $22.58, reflecting a -0.40% or -$0.09 change from its current price. NLY is currently trading +1.48% above its 20-day SMA, -13.57% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +18.75% and SMA200 by-17.48%.
Stochastic %K and %D was 83.73% and 82.51% and the average true range (ATR) pointed at 0.42. The RSI (14) points at 59.46%, while the 14-day stochastic is at 82.49% with the period’s ATR at 0.48. The stock’s 9-day MACD Oscillator is pointing at 0.04 and 0.31 on the 14-day charts.
In the most recent analyst report for Annaly Capital Management Inc. (NYSE: NLY), Barclays upgraded it to an Overweight rating. They previously had an Equal weight rating on the stock.