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Does New York Mortgage Trust Inc 7.75% Preferred Shares Series B (NYMTP) Stock Have Analysts Confidence?

Wednesday, June 10, 2020 11:42 AM | InvestorsObserver Analysts

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Does New York Mortgage Trust Inc 7.75% Preferred Shares Series B (NYMTP) Stock Have Analysts Confidence?

InvestorsObserver is giving New York Mortgage Trust Inc 7.75% Preferred Shares Series B (NYMTP) an Analyst Rating Rank of 0, meaning NYMTP is ranked higher by analysts than 0% of stocks. The average projection by analysts for NYMTP is $ over the next 12 months and analyst’s classify the stock as a Strong Sell

Overall Score -
Wall Street analysts are rating NYMTP a Strong Sell today. Find out what this means to you and get the rest of the rankings on NYMTP!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.

Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With New York Mortgage Trust Inc 7.75% Preferred Shares Series B Stock Today?

New York Mortgage Trust Inc 7.75% Preferred Shares Series B (NYMTP) stock is trading at $19.68 as of 11:34 AM on Wednesday, Jun 10, a drop of -$0.76, or -3.72% from the previous closing price of $20.44. The stock has traded between $18.52 and $20.39 so far today. Volume today is above average. So far 22,163 shares have traded compared to average volume of 15,864 shares.

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