Overall market sentiment has been high on Capstead Mortgage Corporation (CMO) stock lately. CMO receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
Capstead Mortgage Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CMO!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CMO Stock Today?
Capstead Mortgage Corporation (CMO) stock is up 3.74% while the S&P 500 is down -2.42% as of 11:49 AM on Monday, Jun 29. CMO has gained $0.20 from the previous closing price of $5.35 on volume of 315,489 shares. Over the past year the S&P 500 has risen 1.51% while CMO is down -33.77%. CMO lost -$2.74 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Capstead Mortgage Corporation click here.
More About Capstead Mortgage Corporation
Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
