As of Thursday close, AGNC Investment Corp.’s (NASDAQ:AGNC) stock was down -$0.1, moving down -1.05 percent to $9.45. The average number of shares traded per day over the past five days has been 11,601,020 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.53 fall in that time frame. In the last twenty days, the average volume was 11,685,939, while in the previous 50 days, it was 10,440,954.
Since last month, AGNC stock retreated -8.34%. Shares of the company fell to $9.41 on 08/17/23, the lowest level in the past month. A 52-week high of $12.79 was reached on 02/02/23 after having rallying from a 52-week low of $7.30. Since the beginning of this year, AGNC’s stock price has dropped by -8.70% or -$0.90, and marked a new high 13 times. However, the stock has declined by -26.11% since its 52-week high.
AGNC stock investors should be aware that AGNC Investment Corp. (AGNC) stock had its last reported insider trading activity 22 days ago on Jul 27. Davis Morris A., the Director of the company, purchased of 4,772 shares for $10.48 on Jul 27. It resulted in a $49,991 investment by the insider. Reid Sean added 11,000 shares at an average price of $8.91 on May 24. The insider now owns 11,000 shares following the transaction. On May 16, Director Larocca Prue sold 12,000 shares at $9.07 apiece. The transaction was valued at $108,840.
Valuation Metrics
The stock’s beta is 1.23. Besides these, the trailing price-to-sales (P/S) ratio of 3.62, the price-to-book (PB) ratio of 0.91, and the price-to-cash flow ratio of 20.36 may also be considered.
The latest dividend of $0.12 per share was paid out, remained unchanged from last year’s $0.12. On Wednesday April 8 2020, a $0.04 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.01, and the total debt-to-equity ratio was 6.75. On the profitability front, the trailing twelve-month gross margin is 6.70% percent.
While analysts expected AGNC Investment Corp. to report $0.63 quarterly earnings, the actual figure was $0.67 per share, beating the consensus estimate by 6.30%. The value of shareholders’ equity is $606.08 million.
Technical Picture
This quick technical analysis looks at AGNC Investment Corp.’s (AGNC) price momentum. With a historical volatility rate of 11.22%, the RSI 9-day stood at 26.06% on 17 August.
With respect to its five-day moving average, the current AGNC Investment Corp. price is down by -5.31% percent or -$0.53. At present, AGNC shares trade -6.80% below its 20-day simple moving average and -3.47% percent below its 100-day simple moving average. However, the stock is currently trading approximately -2.17% below its SMA50 and +15.53% above its SMA200.
Stochastic coefficient K was 4.13% and Stochastic coefficient D was 6.09%, while ATR was 0.19. Given the Stochastic reading of 4.26% for the 14-day period, the RSI (14) reading has been calculated as 34.04%. As of today, the MACD Oscillator reading stands at -0.25, while the 14-day reading stands at -0.33.
Analyst Ratings
JP Morgan upgraded its rating on AGNC Investment Corp. (NASDAQ: AGNC) to an Overweight in a note to investors on March 08, 2023. The analysts firm previously had a Neutral rating on the stock.AGNC Investment Corp. (AGNC) has been rated Overweight by analysts. According to 0 brokerage firms, AGNC is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate AGNC Investment Corp. stock as buy, with 6 recommending it as overweight.
With a median target price of $10.50, the current consensus forecast for the stock is $9.50 – $11.25. Based on these forecasts, analysts predict AGNC Investment Corp. (AGNC) will achieve an average price target of $10.53.
