When Is The Right Time To Get Involved In Two Harbors Investment Corp. (TWO)?

Two Harbors Investment Corp. (TWO) has seen some recent activity in the stock market and its shares closed trading at $4.4600 yesterday. People are starting to take interest of TWO as the shares traded as high as $4.4800 and as low as $3.8400 in the prior trading session.

Two Harbors Investment Corp. (TWO) average trading volume is 9.00M. However, in the prior trading session Two Harbors Investment Corp. (TWO) traded 10,373,008 shares. The first support level on TWO is $3.74 and the first resistance level on TWO is $15.18. TWO 50 day moving average is $4.2551 and TWO 200-day moving average is $11.4640.

Two Harbors Investment Corp. (TWO) most current performance has been shown by the recent movement in TWO shares. TWO has performed 6.44% over the past 30 days, TWO has performed -70.56% over the past quarter and TWO has shown -66.31% over the past year. Two Harbors Investment Corp. (TWO) has a 52 week range of $2.2500 to $15.8500. Two Harbors Investment Corp. (TWO) is trading 98.22% from its 52 week low and -71.86% from its 52 week high. Two Harbors Investment Corp. (TWO) is showing a 3.95% short float showing the sum short in the float.

TWO has 272.96M shares outstanding and 270.40M shares in the float. Two Harbors Investment Corp. (TWO) at this time has a market cap of $1.22B and income of $-1595.60M. The EPS next quarter for TWO is 0.17 and anticipated EPS net year is 7.64%. The market cap of Two Harbors Investment Corp. (TWO) at $1.22B signifies how many People own shares of TWO and is based off the last price ($4.4600) of TWO and the sum of shares outstanding (272.96M) with Two Harbors Investment Corp. (TWO).

Two Harbors Investment Corp. (TWO) has total cash (mrq) of 1.47B, total cash per share (mrq) of 5.38, total debt of TWO remains at 18.95B and total debt/equity (mrq) is 652.65.

TWO is trading 2.07% above (bullish) its SMA20, -22.50% below (bearish) its SMA50 and -62.95% below (bearish) its SMA200.

Recent News:

In recent news, on May 6, 2020, Two Harbors Investment Corp. Reports First Quarter 2020 Financial Results. In this news it is stated, Took Decisive Action in Unprecedented Market Conditions Stemming from COVID-19 Pandemic Two Harbors Investment Corp. (NYSE: TWO), a leading mortgage real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR) and other financial assets, today announced its financial results for the quarter ended March 31, 2020.

About Two Harbors Investment Corp. (TWO):

Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Its objective is to provide risk-adjusted returns to investors through dividends and capital appreciation. Two Harbors intends to acquire and manage a portfolio of mortgage-backed securities, focusing on security selection and the relative value of various sectors within the mortgage market.