Economy

Walter Investment Management Corp. (WAC) stock returned 22.12% higher in last quarter

Walter Investment Management Corp. (WAC) stock returned 22.12% higher in last quarter

(NYSE:WAC) ended its day at $0.54 with the rising stream of 17.24% and its total traded volume was 6.26 million shares more than the average volume.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report.

Wells Fargo "Upgrades" Walter Investment Management Corp (NYSE:WAC) in a research note issued to investors on 5/10/17 to Market Perform with price target of $0. (NYSE:WAC) Performing Well?

Trading volume is a hugely important consideration for any investor. Speaking of monthly performance, WAC tapped a 13.68% gain. Over the past month the firm's stock is 13.68%, 22.12% for the last quarter, -39.41% for the past six-months and -91.36% for the a year ago.

Returns and Valuations for Walter Investment Management Corp.

Consequently Walter Investment Management Corp (NYSE:WAC)'s weekly and monthly volatility is 35.61%, 18.37% respectively. (NYSE:WAC)'s near-term growth potential. Analysts‟ target price forecasts are a prediction of a stock‟s future price, generally over the 12 months following the release date (Asquith et al., 2005). Their average price target spell out an upbeat performance - a -100% and would give WAC a market capitalization of almost $0. Wall Street analysts covering the stock are projecting that the stock will reach $0.75 within the next 52-weeks. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

More news: Pakistan announces match schedule for PSL 2018

For Walter Investment Management Corp (NYSE:WAC) out of the analyst recommendations 0 analysts recommend stock a Buy, 0 rate the stock Outperform, 1 analysts recommend to Hold the stock, 1 rate Underperform and 1 analysts recommend the stock a Sell. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.

Is WAC Technically Strong Enough? The stock has a beta value of 0.78. That makes it -0.22 more volatile than the broad market. Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. The simple logic that a stock's current market price does not justify (is not equivalent to) its higher earnings and therefore has room to run is behind shareholders' inclination toward low P/E stocks. The average daily volatility for the week was at 46.63%, which was 25.51 higher than that in the past month.

Currently Walter Investment Management Corp (NYSE:WAC)'s shares owned by insiders are 3.7%, whereas shares owned by institutional owners are 68.4%.

RSI is an extremely popular momentum indicator, the Relative Strength Index (RSI) also developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. If it moves below 30 and fails to remain below, it could be an indication that the market is oversold and poised to become bullish, at least in the short term. Also, the accuracy of the PEG ratio depends on the inputs used.

Shares of Walter Investment Management Corp (NYSE:WAC) has a market capitalization of $20.21 Million and its number of outstanding shares are 43.87 Million. The stock exchanged hands 2.27 Million shares versus average trading capacity of 712.93 Million shares. (WAC) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. Unusual volume can be a major signal that investment gurus and momentum traders are piling into a stock ahead of a catalyst. When analyzing volume, determine the strength or weakness of a move.

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment.


  • Indices extend gains; Sensex jumps over 200 points

    Indices extend gains; Sensex jumps over 200 points

    Japan's Nikkei advanced 1.45%, Hong Kong's Hang Seng went up 0.29%, while China's Shanghai Composite Index surrendered 0.67%. On Wednesday, the key indices were dragged lower by interest-rate sensitive stocks like banking, metals and capital goods.

    Union Pac Corp (Call) (UNP) Stake Lifted by Susquehanna International Group Llp

    The Perella Weinberg Partners Capital Management Lp holds 8,136 shares with $886,000 value, up from 4,366 last quarter. Capstone Investment Advisors Ltd Limited Liability Company stated it has 0.1% in The Western Union Company (NYSE:WU).
    Trump's Jerusalem decision fuels conflict and creates discord: Muslim council

    Trump's Jerusalem decision fuels conflict and creates discord: Muslim council

    Lebanon's Prime Minister Saad Hariri and Ministry of Foreign Affairs also denounced Trump's move on Jerusalem . For many years, visiting American diplomats met their Israeli counterparts in Jerusalem ...
  • OSI Systems, Inc. (NASDAQ: OSIS)

    OSI Systems, Inc. (NASDAQ: OSIS)

    Covington Invest Advsr Inc holds 0.11% in Magellan Midstream Partners, L.P. (NYSE:MMP) or 4,120 shares. (NASDAQ: OSIS ). The report further stated that "f$3 ormer employees' statements support our view that OSIS is rotting from the inside".
    Geoffrey Rush files defamation suit against Daily Telegraph over 'inappropriate behaviour' claims

    Geoffrey Rush files defamation suit against Daily Telegraph over 'inappropriate behaviour' claims

    Rush has denied all allegations against him, which date back to a Sydney Theatre Performance of King Lear from 2015. He has previously said that he had not been informed of the existence or nature of any complaint.
    China Claims Indian Drone

    China Claims Indian Drone "Invaded Airspace in Crash"

    In 2013, India voiced suspicions of Chinese drone activities, which Beijing denied, in the border area. Sources in New Delhi said the incident happened around 10 days ago, reports PTI.
  • Hackers Just Stole $77M Worth Of Bitcoin In A Professional Heist

    Hackers Just Stole $77M Worth Of Bitcoin In A Professional Heist

    The site added it would refer the breach to the relevant authorities and that it was conducting its own inquiry into the hack. It was not clear whether the company or its customers would end up losing the stolen bitcoin if they are not recovered.
    Korea Issues More Threats as Drills Continue on Korean Peninsula

    Korea Issues More Threats as Drills Continue on Korean Peninsula

    General Assembly in which he threatened to "totally destroy" North Korea, which the country branded a "declaration of war". North Korea's state media confirmed the arrival of Feltman and his entourage late on Tuesday without offering more details.
    UC Berkeley law student has testy exchange with AG Jeff Sessions

    UC Berkeley law student has testy exchange with AG Jeff Sessions

    When Sessions said he cared about keeping all communities safe, the intern responded, "I grew up in one of these communities. He said the administration is "fully committed to maintaining civil rights for every American".
  • United Parcel Service, Inc. (NYSE:UPS) Undervalued by 1.1%

    The operating profit margin and gross profit margin can be giving more focus view that is 8.80% and 76.50% respectively. This company shares are 9.53% off its target price of $46.88 and the current market capitalization stands at $61.81B.
    Barcelona set a new record Champions League

    Barcelona set a new record Champions League

    This victory allowed the Catalans to reach the knockout stage of the tournament with first place in the group. Accordingly, both the sides are aware of the club they could potentially be up against in the final 16.
    Palestine, Egypt confer after United States  decision on Jerusalem

    Palestine, Egypt confer after United States decision on Jerusalem

    President Donald Trump's announcement America would relocate its Israel embassy from Tel Aviv to Jerusalem. A spokesperson for the vice president did not immediately respond to The Hill's request for comment.