Two Harbors Investment Corp (NYSE: TWO). Extremely important negative changes in investment behavior have recently occurred: its longer term price trend turned down, and negative upside/downside volume developed.
Two Harbors Investment Corp (NYSE: TWO). Meaningful negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TWO is expected to continue to be a major Value Builder.
Two Harbors Investment has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Two Harbors Investment has a neutral Appreciation Score of 51 and a neutral Power Rating of 45, producing the Low Neutral Value Trend Rating.
Recent Price Action
Two Harbors Investment Corp (NYSE: TWO) stock increased 1.2% on 9/24/24. The shares closed at $13.81. Moreover, this advance was accompanied by above average trading volume at 126% of normal. The stock has performed in line with the market over the last nine months and has declined -2.5% during the last week.
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