Dynex Capital, Inc [NYSE: DX] surged by $0.29 during the normal trading session on while it closed the day at $13.15.
Dynex Capital, Inc stock has also gained 4.37% of its value over the past 7 days. However, DX stock has inclined by 5.96% in the 3 months of the year. Over the past six months meanwhile, it has gained 7.61% and gained 3.95% year-on date.
The market cap for DX stock reached $1.04 billion, with 84.49 million shares outstanding and 78.05 million shares in the current float. Compared to the average trading volume of 2.05M shares, DX reached a trading volume of 3352753 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Dynex Capital, Inc [DX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DX shares is $13.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DX stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Dynex Capital, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 06, 2024. While these analysts kept the previous recommendation, Compass Point raised their target price to Buy. The new note on the price target was released on April 12, 2024, representing the official price target for Dynex Capital, Inc stock. Previously, the target price had yet another raise to $12.50, while UBS analysts kept a Neutral rating on DX stock. On January 09, 2023, analysts increased their price target for DX shares from 13.50 to 15.50.
The Average True Range (ATR) for Dynex Capital, Inc is set at 0.21, with the Price to Sales ratio for DX stock in the period of the last 12 months amounting to 1.75. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 7.84. Price to Free Cash Flow for DX in the course of the last twelve months was 65.92.
DX stock trade performance evaluation
Dynex Capital, Inc [DX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.37. With this latest performance, DX shares gained by 4.61% in over the last four-week period, additionally plugging by 7.61% over the last 6 months – not to mention a rise of 2.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DX stock in for the last two-week period is set at 66.68, with the RSI for the last a single of trading hit 71.84, and the three-weeks RSI is set at 63.15 for Dynex Capital, Inc [DX]. The present Moving Average for the last 50 days of trading for this stock 12.58, while it was recorded at 12.87 for the last single week of trading, and 12.32 for the last 200 days.
Dynex Capital, Inc [DX]: Institutional Ownership
There are presently around $35.62%, or 35.98%% of DX stock, in the hands of institutional investors. The top three institutional holders of DX stocks are: BLACKROCK INC. with ownership of 6.58 million shares, which is approximately 11.1448%. VANGUARD GROUP INC, holding 3.92 million shares of the stock with an approximate value of $$46.84 million in DX stocks shares; and VANGUARD GROUP INC, currently with $$33.04 million in DX stock with ownership which is approximately 4.6896%.
