Is Capstead Mortgage Corporation (CMO) a Stock to Watch After Losing -2.60% This Week?

Friday, October 15, 2021 02:00 PM | InvestorsObserver Analysts

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Is Capstead Mortgage Corporation (CMO) a Stock to Watch After Losing -2.60% This Week?

Overall market sentiment has been down on Capstead Mortgage Corporation (CMO) stock lately. CMO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Capstead Mortgage Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CMO!

See Full CMO Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CMO Stock Today?

Capstead Mortgage Corporation (CMO) stock has fallen -1.68% while the S&P 500 has gained 0.7% as of 1:46 PM on Friday, Oct 15. CMO has fallen -$0.11 from the previous closing price of $6.85 on volume of 1,043,265 shares. Over the past year the S&P 500 is up 28.11% while CMO has gained 16.01%. CMO earned $0.70 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.61.

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. Click Here to get the full Stock Report for Capstead Mortgage Corporation stock.