JAVELIN Mortgage Slumps: JMI Falls 5.1% in Session - Tale of the Tape

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JAVELIN Mortgage Investment Corp. ( JMI ) saw a big move last session, as the company's shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $14.40 to $14.79 in the past one-month time frame.

The financial services providing company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

JMI currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Investors interested in the finance industry may consider better-ranked stocks like American Financial Group Inc. ( AFG ), AmTrust Financial Services, Inc. ( AFSI ) and TD Ameritrade Holding Corporation ( AMTD ). All these stocks carry a Zacks Rank #1 (Strong Buy).

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AMER FINL GROUP (AFG): Free Stock Analysis Report

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JAVELIN MTGE (JMI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: AFG , AFSI , AMTD , JMI

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Most Active by Volume

100,376,898
  • $17.62 ▲ 0.51%
83,231,837
  • $25.62 ▲ 1.91%
75,739,329
  • $111.78 ▼ 0.77%
65,297,937
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59,053,093
  • $47.66 ▲ 0.29%
53,482,350
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51,504,284
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51,434,656
  • $8.14 ▲ 6.96%
As of 12/19/2014, 04:15 PM


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