Orchid Island Capital, Inc. s trend and data analysis indicates that the stock price has dropped -8.81% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -3.65% . Looking at the past 52 week period, the stock price is down -3.55% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Orchid Island Capital, Inc. has a positive value of 22.21 compared to overall market.Orchid Island Capital, Inc. is having a Relative Strength Index of 48.3 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Orchid Island Capital, Inc. (NYSE:ORC) rallied by 4.37% during the past week but lost 7.38% on a 4-week basis. The company has outperformed the S&P 500 by 4.12% in the past week but underperformed the index by 8.44% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Orchid Island Capital, Inc. (NYSE:ORC) : On Friday heightened volatility was witnessed in Orchid Island Capital, Inc. (NYSE:ORC) which led to swings in the share price. The stock opened for trading at $9.85 and hit $10.05 on the upside , eventually ending the session at $10.04, with a gain of 2.03% or 0.2 points. The heightened volatility saw the trading volume jump to 1,928,262 shares. The 52-week high of the share price is $12.6 and the company has a market cap of $331 million. The 52-week low of the share price is at $9.23 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Orchid Island Capital Inc was Downgraded by Maxim Group to Hold on Feb 17, 2017.
Company has reported several Insider transactions to the SEC, on Mar 7, 2017, John Van Heuvelen (director) purchased 100,000 shares at 9.39 per share price.On Mar 6, 2017, Frank P Filipps (director) purchased 3,000 shares at 9.44 per share price.On Feb 27, 2017, Robert E Cauley (CEO) purchased 7,500 shares at 9.66 per share price.
Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities the principal and interest payments of which are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. The Company intends to qualify and will elect to be taxed as a REIT commencing with its taxable year ending December 31, 2013. Orchid Island Capital, Inc. is based in United States.