Nationstar Mortgage Holdings (NSM) : Traders are bullish on Nationstar Mortgage Holdings (NSM) as it has outperformed the S&P 500 by a wide margin of 31.36% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 20.78%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 21.3% in the last 1 week, and is up 34.62% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Nationstar Mortgage Holdings (NYSE:NSM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.15 and $15.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.32, notching a gain of 2.61% for the day. The total traded volume was 1,015,335 . The stock had closed at $14.93 on the previous day.
The stock has recorded a 20-day Moving Average of 24.92% and the 50-Day Moving Average is 27.23%. Nationstar Mortgage Holdings Inc. is up 31.05% in the last 3-month period. Year-to-Date the stock performance stands at 14.58%.
Nationstar Mortgage Holdings (NSM) : The most positive equity analysts on Nationstar Mortgage Holdings (NSM) expects the shares to touch $17, whereas, the least positive believes that the stock will trade at $10 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $12.75 with an expected fluctuation of $2.99 from the mean.
Nationstar Mortgage Holdings Inc. (Nationstar) is a real estate services company engaged in delivery of servicing, origination and transaction-based services to single-family residences throughout the United States. Its segments are: Servicing, Originations and Solutionstar. The Company provides residential mortgage servicers in the United States conducting operations through its Nationstar Mortgage and Champion Mortgage brands. Solutionstar is the Companys technology and services segment, which provides technology and data solutions to homebuyers, home sellers, real estate agents and companies that engage in the origination and servicing of loans. It caters to homeowners, homebuyers and home sellers.