Orchid Island Capital Inc (ORC) concluded trading on Wednesday at a closing price of $7.88, with 3.51 million shares of worth about $27.69 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.31% during that period and on January 29, 2025 the price saw a loss of about -1.13%. Currently the company’s common shares owned by public are about 78.41M shares, out of which, 78.20M shares are available for trading.
Stock saw a price change of -0.76% in past 5 days and over the past one month there was a price change of 0.38%. Year-to-date (YTD), ORC shares are showing a performance of 1.29% which decreased to -8.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.41 but also hit the highest price of $9.08 during that period. The average intraday trading volume for Orchid Island Capital Inc shares is 2.09 million. The stock is currently trading 0.11% above its 20-day simple moving average (SMA20), while that difference is down -0.05% for SMA50 and it goes to -3.30% lower than SMA200.
Orchid Island Capital Inc (NYSE: ORC) currently have 78.41M outstanding shares and institutions hold larger chunk of about 32.02% of that.
The stock has a current market capitalization of $617.90M and its 3Y-monthly beta is at 1.81. PE ratio of stock for trailing 12 months is 7.48, while it has posted earnings per share of $1.05 in the same period. It has a debt-to-equity ratio of 7.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ORC, volatility over the week remained 1.81% while standing at 1.74% over the month.
Stock’s fiscal year EPS is expected to rise by 75.08% while it is estimated to increase by 200.34% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Janney on June 06, 2024 offering a Buy rating for the stock and assigned a target price of $9.50 to it. Stock get a Hold rating from Maxim Group on February 17, 2017.
