Invesco Mortgage Capital Inc (NYSE: IVR). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
Small negative changes in Invesco Mortgage Capital Inc (NYSE: IVR) fundamentals have recently occurred: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, IVR is expected to continue to be a major Value Builder.
INVESCO Mortgage Capital has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. INVESCO Mortgage Capital has a very high Appreciation Score of 96 but a slightly negative Power Rating of 34, leading to the Positive Value Trend Rating.
Recent Price Action
On 4/10/24, Invesco Mortgage Capital Inc (NYSE: IVR) stock suffered a large decline of -5.9%, closing at $8.48. Moreover, exceptionally high trading volume at 208% of normal accompanied the decline. The stock has declined -10.6% during the last week and has been weak relative to the market over the last nine months.
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