Orchid Island Capital Inc (ORC) concluded trading on Wednesday at a closing price of $8.83, with 4.01 million shares of worth about $35.39 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.03% during that period and on Wednesday the price saw a gain of about 0.46%. Currently the company’s common shares owned by public are about 93.29M shares, out of which, 93.04M shares are available for trading.
Stock saw a price change of -0.34% in past 5 days and over the past one month there was a price change of 11.77%. Year-to-date (YTD), ORC shares are showing a performance of 13.50% which increased to 3.27% 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 2.55 million. The stock is currently trading 3.94% above its 20-day simple moving average (SMA20), while that difference is up 8.58% for SMA50 and it goes to 8.21% higher than SMA200.
Orchid Island Capital Inc (NYSE: ORC) currently have 93.29M outstanding shares and institutions hold larger chunk of about 30.49% of that.
The stock has a current market capitalization of $823.78M and its 3Y-monthly beta is at 1.88. PE ratio of stock for trailing 12 months is 14.57, while it has posted earnings per share of $0.61 in the same period. It has a debt-to-equity ratio of 7.52. 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 1.75% while standing at 2.03% over the month.
Stock’s fiscal year EPS is expected to rise by 342.59% while it is estimated to decrease by -1.53% 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.
