Capstead Mortgage Corp. (CMO) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 7.1% to $8.90, representing a gain of $0.59 per share. Some 1.55 million shares traded hands on 7,788 trades, compared with an average daily volume of 949,153 shares out of a total float of 95.82 million. The stock opened at $8.60 and traded with an intraday range of $9.12 to $8.56.
After today's gains, Capstead Mortgage Corp. reached a market cap of $852.84 million. Capstead Mortgage Corp. has had a trading range between $12.33 and $7.48 over the last year, and it had a 50-day SMA of $8.82 and a 200-day SMA of $10.01.
The stock has a P/E Ratio of 8.1.
Capstead Mortgage Corp operates as a self-managed real estate investment trust. The Company together with its subsidiaries invests in leveraged portfolio of residential mortgage pass-through securities consisting of adjustable-rate mortgage securities.
Capstead Mortgage Corp. is based out of Dallas, TX and has some 14 employees. Its CEO is Andrew F. Jacobs.
For a complete fundamental analysis analysis of Capstead Mortgage Corp., check out Equities.com’s Stock Valuation Analysis report for CMO. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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