Chimera Investment Corporation (CIM) : From Top to Bottom

Chimera Investment Corporation (NYSE:CIM) is an interesting player in the Financial space, with a focus on REIT – Diversified. The stock has been active on the tape, currently trading at $17.45, up from yesterday’s close by 0.23%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Does this stock stack up well when compared to its peers in the space? Let’s take a look. Chimera Investment Corporation (CIM) currently trades with a market capitalization of $3.28B.
The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For CIM, the company currently has $158.76M of cash on the books, which is offset by $13.40B current liabilities. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of 0.64 on a per share basis this quarter. Perhaps, that suggests something about why 59.70% of the outstanding share supply is held by institutional investors.



Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Chimera Investment Corporation recorded a 52-week high of 17.72. It is now trading 0.31 off that level. The stock is trading 17.21 its 50-day moving average by -0.2. The stock carved out a 52-week low down at 10.89.

In recent action, Chimera Investment Corporation (CIM) has made a move of +1.34% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 19.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange.

 

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