2 Stocks With Mixed Performance: Capstead Mortgage Corporation (CMO) and ITT Educational Services, Inc.(ESI)
New York, NY – GDP INSIDER – 03/30/2015.
This article discusses two companies: Capstead Mortgage Corporation (NYSE:CMO) and ITT Educational Services, Inc.(NYSE:ESI)
Capstead Mortgage Corporation (NYSE:CMO) declined 0.51% during Friday’s trading as the stock lost six cents to finish the day at $11.81 with more than 0.938 million shares changing hands, compared to its three month average trading volume of 0.913 million. The $1.13 billion market cap self managed real estate investment trust, which fluctuated between $11.80 and $11.97 during the day, currently situated 2.77% above its 52 week low of $11.49 and 7.65% away from its one year high of $12.79. Over the past one week and over the past one month, the stock has lost 3.75% and 0.92%, respectively. Not only that, but the shares of Capstead Mortgage Corporation have been underperforming the S&P 500 since the beginning of the year, with the stock down 3.83% compared to the index which is up 0.10% over the same period. The RSI of 55.76 indicates the stock is not undervalued, the MFI of 54.53 shows the money is flowing in the right direction, making it a worthwhile hold for now.
ITT Educational Services, Inc. (NYSE:ESI) continued to fall yesterday with the stock closed down another 0.29% after losing two cents to finish the day at a new closing price of $6.79 on high trading volume of 0.930 million, compared to its three month average trading volume of 0.370 million. The stock is trading 11.35% below its 50 day moving average of $7.62 and 28.78% away from its 200 day moving average of $9.48. However, the US-based postsecondary degree programs provider is trading 85.52% above its 52 week low of $3.66. Over the past one week and over the past one year, the stock has lost 10.54% and 10.30%, respectively. ITT Educational Services, Inc has been vastly underperforming the S&P 500 over the past one year with the stock down 75.18% compared to the index which is up 10.95% over the same period. With RSI of 38.63 and one year price target estimate of $13, the stock still has plenty of upside potential, making it a hold for now with a view to buy.
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