New Year Brings Mortgage REIT Offerings Wednesday, January 5, 1:45 PM ET, by Market News Video Staff Just three trading days into the new year and mortgage REIT investors have already seen ...
In trading on Friday, shares of New York Mortgage Trust Inc (NASDAQ:NYMT) crossed below their 200 day moving average of $6.91, changing hands as low as $6.80 per share. New York Mortgage Trust Inc shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of NYMT shares, versus its 200 day moving average:
Looking at the chart above, NYMT's low point in its 52 week range is $6.07 per share, with $7.98 as the 52 week high point — that compares with a last trade of $6.91.
NYMT operates in the REITs sector, among companies like Annaly Capital Management Inc (NYSE:NLY) which is off about 2.4% today, and HCP, Inc. (NYSE:HCP) trading up by about 0.4%. Below is a three month price history chart comparing the stock performance of NYMT, versus NLY and HCP.
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