American Capital Agency (AGNC) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (0.78 million) in American Capital Agency (AGNC). On Tuesday, The value of composite uptick trades was $2.17 million, whereas, the value of composite downtick trades was $2.95 million and the ratio between the two was 0.73, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.45 million. $0.27 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.61. The negative money flow of ($0.18 million) shows selling on strength. American Capital Agency (AGNC) gained $0.01 intraday at $19.53 and registrered 0.03% for the week.
Also, Equity Analysts at the Citigroup maintains the rating on American Capital Agency (NASDAQ:AGNC). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $18 per share to $19 per share. The rating by the firm was issued on August 3, 2016.
American Capital Agency Corp. has dropped 1.3% in the last five trading days, however, the shares have posted positive gains of 0.25% in the last 4 weeks. American Capital Agency Corp. is up 6.01% in the last 3-month period. Year-to-Date the stock performance stands at 22.66%.
American Capital Agency (NASDAQ:AGNC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.53 and $19.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.53, notching a gain of 0.05% for the day. The total traded volume was 2,213,455 . The stock had closed at $19.52 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Kain Gary D, officer (Director, CEO, Pres. and CIO) of American Capital Agency Corp, had unloaded 368,953 shares at an average price of $19.55 in a transaction dated on July 5, 2016. The total value of the transaction was worth $7,213,031.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The Companys income comes primarily from its investments in agency mortgage-backed securities (agency MBS). The Companys investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by a United States Government agency, such as the Government National Mortgage Association (Ginnie Mae). It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities. The Company is externally managed by American Capital AGNC Management, LLC, an affiliate of American Capital, Ltd.