New York Mortgage Trust, Inc. (NASDAQ:NYMTN – Get Free Report) traded down 0.3% on Wednesday . The company traded as low as $23.35 and last traded at $23.36. 4,540 shares changed hands during trading, a decline of 68% from the average session volume of 14,287 shares. The stock had previously closed at $23.43.
New York Mortgage Trust Trading Down 0.3%
The business has a 50-day simple moving average of $22.85 and a two-hundred day simple moving average of $22.51.
New York Mortgage Trust Company Profile
New York Mortgage Trust, Inc is a specialty finance company organized as a real estate investment trust (REIT) that focuses on generating income through investments in mortgage-related assets. The company operates as an externally managed REIT, with its common and preferred shares traded on the Nasdaq. Headquartered in New York City, New York Mortgage Trust deploys capital primarily across a variety of residential mortgage-backed securities (RMBS) and other asset-backed mortgage investments.
The firm’s investment portfolio typically includes agency and non-agency RMBS, commercial mortgage-backed securities (CMBS), and whole mortgage loans secured by residential properties.
See Also
- Five stocks we like better than New York Mortgage Trust
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for New York Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.
