Walter Investment Management Corp. s trend and data analysis indicates that the stock price has dropped -78% 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 -72.91% . Looking at the past 52 week period, the stock price is down -84.95% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Walter Investment Management Corp. has a negative value of -47.59 compared to overall market performance.Based on the Stock Research the Relative Strength Index signal is in over sold territory with a range of 13.53.
Walter Investment Management Corp. (NYSE:WAC) has tumbled 60.71% during the past week and has dropped 70.27% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 60.81%. Walter Investment Management Corp. (NYSE:WAC) has underperformed the index by 70.61% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
The shares have received a consensus rating of Sell for the current week Walter Investment Management Corp. (NYSE:WAC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.1 points or 8.33% at $1.1 with 1,510,701 shares getting traded. Post opening the session at $1.25, the shares hit an intraday low of $1 and an intraday high of $1.25 and the price was in this range throughout the day. The company has a market cap of $40 million and the number of outstanding shares has been calculated to be 36,416,395 shares. The 52-week high of Walter Investment Management Corp. (NYSE:WAC) is $8.51 and the 52-week low is $0.85.
Company has reported several Insider transactions to the SEC, on Aug 25, 2016, Stuart Douglass Boyd (SVP & Deputy GC) sold 8,780 shares at 3.13 per share price.On May 11, 2016, James L Pappas (director) purchased 5,000 shares at 4.68 per share price.On May 9, 2016, David C Schneider (COO) purchased 21,505 shares at 4.63 per share price.
Walter Investment Management Corp Last issued its quarterly earnings results on Mar 14, 2017. The company reported $-1.10 EPS for the quarter, missing the analyst consensus estimate by $ -0.69. Analyst had a consensus of $-0.41. The company had revenue of $444.10 million for the quarter, compared to analysts expectations of $272.20 million. The companys revenue was up 33.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.14 EPS.
Walter Investment Management Corp., headquartered in Tampa, FL, is a Mortgage portfolio owner and mortgage servicer specializing in subprime, non-conforming and other credit challenged mortgage assets. It is a residential mortgage servicing company with divisional offices located in Atlanta, Birmingham, Charlotte, Ft. Worth and Houston. The company holds licenses as a residential mortgage lender and/or servicer in over 30 states across the US, and presently has federal mortgage lending approval as a Title II Non-Supervised HUD Mortgagee. The portfolio primarily consists of mortgages on homes built by Jim Walter Homes, Inc. and its affiliated builders. The company is one of the few remaining organizations to provide portfolio servicing through a team of full-time field-based employees. It also operates mortgage advisory and insurance product lines of business.