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NYMT Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Tuesday, April 19, 1:29 PM ET
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In trading on Tuesday, shares of New York Mortgage Trust Inc (NASDAQ:NYMT) crossed above their 200 day moving average of $6.65, changing hands as high as $6.70 per share. New York Mortgage Trust Inc shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of NYMT shares, versus its 200 day moving average:

New York Mortgage Trust Inc 200 Day Moving Average Chart

Looking at the chart above, NYMT's low point in its 52 week range is $4.14 per share, with $7.80 as the 52 week high point — that compares with a last trade of $6.66.

NYMT operates in the REITs sector, among companies like Ventas, Inc. (NYSE:VTR) which is up about 0.1% today, and ProLogis (NYSE:PLD) trading up by about 0.4%. Below is a three month price history chart comparing the stock performance of NYMT, versus VTR and PLD.

NYMT,VTR,PLD Relative Performance Chart


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This Article's Word Cloud:   Above   Average   Below   Investment   Mortgage   Moving   NYMT   NYSE   Portfolio   Trust   York   about   above   allows   among   asset   average   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   high   history   leads   mdash   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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