New York Mortgage Trust (NASDAQ:NYMT) : During the past 4 weeks, traders have been relatively bearish on New York Mortgage Trust (NASDAQ:NYMT), hence the stock is down -5.63% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.75% relative to the S&P 500. The 4-week change in the price of the stock is -4.11% and the stock has fallen -0.49% in the past 1 week.
The company shares have dropped -22.18% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $7.85 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $6.09 and the 200 Day Moving Average price is recorded at $5.20.
The stock has recorded a 20-day Moving Average of 2.23% and the 50-Day Moving Average is 3.24%.
New York Mortgage Trust (NASDAQ:NYMT): stock turned positive on Friday. Though the stock opened at $6.05, the bulls momentum made the stock top out at $6.135 level for the day. The stock recorded a low of $6.05 and closed the trading day at $6.07, in the green by 0.66%. The total traded volume for the day was 615,465. The stock had closed at $6.03 in the previous days trading.
In an insider trading activity, Donlon Kevin M., officer (President) of New York Mortgage Trust Inc, executed a transaction worth $365,425 on June 9, 2016. A total of 58,004 shares were purchased at an average price of $6.3. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
New York Mortgage Trust, Inc. is a real estate investment trust (REIT). The Company acquires, invests in, finances, and manages primarily mortgage-related assets. The Companys portfolio includes certain credit sensitive assets and investments sourced from distressed markets. Its targeted assets include residential mortgage loans, including distressed residential loans, multi-family commercial mortgage-backed securities (CMBS), mezzanine loans to and preferred equity investments in owners of multi-family properties, equity and debt securities issued by entities that invest in commercial real estate-related debt investments and Agency RMBS. The Company invests in other commercial real estate-related investments, such as the origination or acquisition of mezzanine loans to and preferred equity investments in owners of multi-family properties, with a focus on conventional apartments, cooperative housing associations, student housing and other related property types.