Invesco Mortgage Capital Inc. (IVR): What’s the Story?

Invesco Mortgage Capital Inc. (NYSE:IVR) 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 $14.85, up from yesterday’s close by -0.27%. 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

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. Invesco Mortgage Capital Inc. (IVR) currently trades with a market capitalization of $1.68B.

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 IVR, the company currently has $122.79M of cash on the books, which is offset by $14.49B current liabilities. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of 0.42 on a per share basis this quarter. Perhaps, that suggests something about why 63.30% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Invesco Mortgage Capital Inc. recorded a 52-week high of 16.28. It is now trading 1.39 off that level. The stock is trading 14.95 its 50-day moving average by 0.059999999999999. The stock carved out a 52-week low down at 9.74.

In recent action, Invesco Mortgage Capital Inc. (IVR) has made a move of -5.71% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 7.67, 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. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 104.67M with 1.77% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of IVR.

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