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 7.76% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.8%, 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 4.73% in the last 1 week, and is up 11.38% 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 7.67% and the 50-Day Moving Average is 5.73%. Nationstar Mortgage Holdings Inc. is up 8.97% in the last 3-month period. Year-to-Date the stock performance stands at -5.53%.
Nationstar Mortgage Holdings (NYSE:NSM): stock turned positive on Friday. Though the stock opened at $12.37, the bulls momentum made the stock top out at $12.73 level for the day. The stock recorded a low of $12.33 and closed the trading day at $12.63, in the green by 1.53%. The total traded volume for the day was 1,224,972. The stock had closed at $12.44 in the previous days trading.
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.