Western Asset Mortgage Capital Corp (WMC) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Western Asset Mortgage Capital Corp (WMC) experienced unusually high volume on Dec. 21, as the stock gained 4.91% to a closing price of $12.19. The stock saw 3.9 million shares trade hands over the course of the day on 11,464 trades. Given that the stock’s average daily volume over the last month has been 577,500 shares a day, this represents a pretty substantial spike over the norm.

Western Asset Mortgage Capital Corp has a P/B ratio of 0.92. It also has a P/E ratio of 21.8. The stock has traded between $15.70 and $9.94 over the last 52-weeks, its 50-day SMA is now $11.45, and its 200-day SMA $12.82.

Western Asset Mortgage Capital Corp is a residential real estate finance company that invests in residential mortgage assets in the United States. The Company focuses on investing in, financing and managing Agency RMBS.

Headquartered in Pasadena, CA, Western Asset Mortgage Capital Corp has 0 employees and is currently under the leadership of CEO Gavin L. James.

For a complete fundamental analysis analysis of Western Asset Mortgage Capital Corp, check out Equities.com’s Stock Valuation Analysis report for WMC. 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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