Anworth Mortgage Asset Corporation (ANH) : Traders are bullish on Anworth Mortgage Asset Corporation (ANH) as it has outperformed the S&P 500 by a wide margin of 3.73% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.13%, 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 2.67% in the last 1 week, and is up 1.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.98% and the 50-Day Moving Average is 2.23%.The 200 Day SMA reached 11.54% Anworth Mortgage Asset Corporation is up 10.9% in the last 3-month period. Year-to-Date the stock performance stands at 22.44%.
Company shares have received an average consensus rating of Hold for the current week Anworth Mortgage Asset Corporation (NYSE:ANH): stock was range-bound between the intraday low of $4.96 and the intraday high of $5.04 after having opened at $5.04 on Fridays session. The stock finally closed in the red at $5.04, a loss of -0.99%. The stock remained in the red for the whole trading day. The total traded volume was 1,190,402 shares. The stock failed to cross $5.04 in Fridays trading. The stocks closing price on Thursday was $4.99.
Anworth Mortgage Asset Corporation is a real estate investment trust. The Company invests in, finances and manages a portfolio of residential mortgage-backed securities, which are agency mortgage-backed securities. It also owns non-agency mortgage-backed securities issued by companies that are not guaranteed by federally sponsored enterprises and that are secured primarily by first-lien residential mortgage loans. Its investment objective is to provide total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its focus is to invest primarily in mortgage-backed securities (MBS). It also has a small portfolio of residential real estate properties, which the Company leases to tenants. It owns around 79 single-family residential properties. Its subsidiaries include Qualified REIT Subsidiary (QRS), Anworth Properties, Inc., and Anworth Property Services, Inc. It is managed and advised by Anworth Management, LLC.