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Five Oaks Investment (OAKS) in Focus: Stock Tumbles 7.3% - Tale of the Tape

Five Oaks Investment Corp. ( OAKS ) saw a big move last session, as the company's shares fell by over 7% 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 $10.89 to $11.18 in the past one-month time frame.

On Mar 16, the company announced fourth-quarter and full year 2014 results, which might have led to this fall in share price.

Five Oaks Investment has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), 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.

OAKS currently has a Zacks Rank #3 (Hold).

Investors interested in the REIT-mortgage trust industry may consider better-ranked stock like Hatteras Financial Corp ( HTS ), which carries a Zacks Rank #1 (Strong Buy).

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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 Nasdaq, Inc.


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

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