New York Mortgage Trust Inc (NYMT) is Trading Higher on Unusual Volume for December 21

Equities Staff |

New York Mortgage Trust Inc (NYMT) experienced unusually high volume on Dec. 21, as the stock gained 3.28% to a closing price of $5.67. The stock saw 2.27 million shares trade hands over the course of the day on 7,020 trades. Given that the stock’s average daily volume over the last month has been 936,478 shares a day, this represents a pretty substantial spike over the norm.

New York Mortgage Trust Inc has a P/B ratio of 0.83. It also has a P/E ratio of 5.5. The stock has traded between $8.12 and $4.94 over the last 52-weeks, its 50-day SMA is now $5.66, and its 200-day SMA $6.64.

New York Mortgage Trust Inc is a real estate investment trust. The Company is engaged in acquiring, investing in, financing and managing mortgage-related assets and, to a lesser extent, financial assets.

Headquartered in New York, NY, New York Mortgage Trust Inc has 7 employees and is currently under the leadership of CEO Steven R. Mumma.

For a complete fundamental analysis analysis of New York Mortgage Trust Inc, check out Equities.com’s Stock Valuation Analysis report for NYMT. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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