Ocwen Financial Corp. (OCN) is Trading Lower on Unusual Volume for January 20

Equities Staff |

Ocwen Financial Corp. (OCN) experienced unusually high volume on Jan. 20, as the stock lost 1.09% to a closing price of $5.47. The stock saw 4.66 million shares trade hands over the course of the day on 20,578 trades. Given that the stock’s average daily volume over the last month has been 2.51 million shares a day, this represents a pretty substantial spike over the norm.

Ocwen Financial Corp. has a P/B ratio of 0.64. The stock has traded between $11.82 and $5.43 over the last 52-weeks, its 50-day SMA is now $6.66, and its 200-day SMA $8.27.

Ocwen Financial Corp is a financial services holding company. The Company through its subsidiaries provides residential and commercial mortgage loan servicing, special servicing and asset management services.

Headquartered in Atlanta, GA, Ocwen Financial Corp. has 11,400 employees and is currently under the leadership of CEO Ronald M. Faris.

For a complete fundamental analysis analysis of Ocwen Financial Corp., check out Equities.com’s Stock Valuation Analysis report for OCN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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