CYS Investments (NYSE:CYS) has climbed 0.48% in the past week and advanced 3.45% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.68% and the outperformance has advanced to 2.51% for the last 4 weeks period.
CYS Investments (NYSE:CYS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.36 and $8.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.39, notching a gain of 0.36% for the day. The total traded volume was 3,226,742 . The stock had closed at $8.36 on the previous day.
The company shares have rallied 0.96% from its 1 Year high price. On Jun 3, 2016, the shares registered one year high at $8.67 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $8.25 and the 200 Day Moving Average price is recorded at $7.70.
On the companys insider trading activities, Tyson David A, director of Cys Investments, Inc., unloaded 3,500 shares at an average price of $8.04 on April 29, 2016. The total amount of the transaction was worth $28,140, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the JMP Securities downgrades the rating on CYS Investments (NYSE:CYS). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Outperform. The rating by the firm was issued on April 22, 2016. Currently the company Insiders own 1.1% of CYS Investments shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.77% . Institutional Investors own 62.07% of CYS Investments shares. During last six month period, the net percent change held by insiders has seen a change of -12.89%.
CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans (primarily 10, 15, 20 or 30 years), and adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period (three, five, seven or 10 years). It invests principally in Agency RMBS, which are residential mortgage pass-through securities, the principal and interest of which are guaranteed by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Government National Mortgage Association (Ginnie Mae). In addition to Agency RMBS, the Company invests in the United States Treasuries.