52-week low
Annaly Capital Management (NLY) shares closed 1.7% above their 52-week low of $7.16 today, bringing the company's market capitalisation to $10bn. The stock is now down 7.2% YTD, 5.2% in the last 12 months and 21.4% in the last five years.
Trading volume this week was 15.3% lower than the 20-day average.
The beta, a measure of a stock's volatility relative to the market as a whole, is 0.7.
As far as technical indicators are concerned, the stock's Relative Strength Index (RSI) was below 30, which means that Annaly Capital Management may be underbought.
Moving Average Convergence/Divergence (MACD), a momentum indicator following the trend, indicates a downtrend.
The stock closed below the Bollinger Band, indicating that it may be oversold.
Annaly Capital Management's share price is the same as the S&P 500 and Dow Jones index, 1 year behind and 5 years behind.
Annaly Capital Management is a mortgage real estate investment trust. The company was founded in 1997 by Michael A. J. Farrell. However, its current CEO is David L. Finkelstein. The company is headquartered in New York.
It is worth noting that the company borrows money mainly through short-term repurchase agreements and reinvests the proceeds in asset-backed securities.