What Does The Future Hold For Anworth Mortgage Asset Corporation(ANH), PMC-Sierra Inc(PMCS) and Baltic Trading Ltd(BALT)?
New York, NY – GDP INSIDER – 01/23/2015.
This article discusses three companies: Anworth Mortgage Asset Corporation(NYSE:ANH), PMC-Sierra Inc(NASDAQ:PMCS) and Baltic Trading Ltd(NYSE:BALT)
Anworth Mortgage Asset Corporation(NYSE:ANH) traded within a range of $5.18 to $5.25 after opening the day at $5.19 and closed its trading session at $0.08 to $5.25, an increase of 1.55% in value. The $586.72 million market cap company, which has a dividend rate of $0.14 and yield of 10.67%, currently situated 30.21% above its 52-week low of $4.03 and 1.87% below its 52-week low of $5.35. Anworth Mortgage Asset Corporation has a beta of 0.20, meaning the stock is 80% less volatile than the market. Recently, analysts at Zacks downgraded their rating on the stock from overweight to neutral with a price target set at $5.90.
PMC-Sierra Inc(NASDAQ:PMCS) had a trading volume of 0.98 million, which is 0.25 million less than its 3-month average trading volume of 1.23 million, and 198.04 million shares outstanding. The US based semiconductor innovator has a beta of 1.30, meaning it is 30% more volatile than the market, and an earnings per share of $-0.09. Analysts at Northland Securities hold an outperform rating on the shares of PMC-Sierra Inc, while analysts at Zacks hold an neutral rating on the stock.
Baltic Trading Ltd(NYSE:BALT) finished its trading yesterday at a weekly performance of -10.26%, monthly performance of -30.56%, quarterly performance of -56.58% and a quarterly performance of -30.28%. The stock has an insider ownership of 5.60%, 6-month change in insider transactions of -1.95%, institutional ownership of 92.20% and a 3-month change in insider transactions of 5.99%. In January 2015, Analysts at Canaccord Genuity downgraded their rating on the shares of Baltic Trading Ltd from buy to hold, while analysts at Zacks upgraded their rating from underperform to neutral with a price target set at $2.30.
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