Is The Chart On Western Asset Mortgage Capital Corporation (WMC) Overextended?

Western Asset Mortgage Capital Corporation (WMC) has seen some recent action in the market and its common shares closed at $2.2000 yesterday. People are starting to take notice of WMC as the common shares traded as high as $2.2000 and as low as $1.8700 in the prior market trading day.

Western Asset Mortgage Capital Corporation (WMC) average trading volume is 1.90M. However, in the prior market trading day Western Asset Mortgage Capital Corporation (WMC) traded 1,432,103 shares. The first support level on WMC is $1.45 and the first upside resistance level on WMC is $11.20. WMC fifty day moving average is $2.6054 and WMC 200-day moving average is $8.0461.

Western Asset Mortgage Capital Corporation (WMC) current performance has been indicated by the recent movement in WMC common shares. WMC has performed -21.71% over the past month, WMC has performed -79.70% over the past 90 days and WMC has shown -78.00% over the past year. Western Asset Mortgage Capital Corporation (WMC) has a 12 month range of $1.3700 to $11.3300. Western Asset Mortgage Capital Corporation (WMC) is trading 60.58% from its 12 month low and -80.58% from its 12 month high. Western Asset Mortgage Capital Corporation (WMC) is indicating a 9.49% short float indicating the quantity short in the float.

WMC has 53.24M shares outstanding and 53.05M shares in the float. Western Asset Mortgage Capital Corporation (WMC) presently has a market cap of $117.13M and income of $70.40M. The EPS next quarter for WMC is 0.11 and anticipated EPS net year is -1.15%. The market cap of Western Asset Mortgage Capital Corporation (WMC) at $117.13M signifies how many People own shares of WMC and is calculated off the last price ($2.2000) of WMC and the quantity of shares outstanding (53.24M) with Western Asset Mortgage Capital Corporation (WMC).

Western Asset Mortgage Capital Corporation (WMC) has aggregate cash (mrq) of 44.02M, aggregate cash per share (mrq) of 0.82, aggregate debt of WMC stands at 2.96B and aggregate debt/equity (mrq) is 1,624.07.

WMC is trading -15.89% below (bearish) its SMA20, -43.10% below (bearish) its SMA50 and -74.41% below (bearish) its SMA200.