CYS Investments (CYS) : Traders are bullish on CYS Investments (CYS) as it has outperformed the S&P 500 by a wide margin of 6.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.8%, 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 2.23% in the last 1 week, and is up 9.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
CYS Investments (NYSE:CYS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.09 and $9.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.15, notching a gain of 0.77% for the day. The total traded volume was 1,225,931 . The stock had closed at $9.08 on the previous day.
The stock has recorded a 20-day Moving Average of 4.9% and the 50-Day Moving Average is 9.17%. CYS Investments, Inc. is up 14.73% in the last 3-month period. Year-to-Date the stock performance stands at 36.65%.
CYS Investments (CYS) : Average target price received by CYS Investments (CYS) is $8.46 with an expected standard deviation of $0.74. The most aggressive target on the stock is $10, whereas the most downbeat target is $8. 7 financial analysts are currently covering the stock.
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.