AG Mortgage Investment Trust Inc. (MITT): A brief note on last quarter

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AG Mortgage Investment Trust Inc. (NYSE:MITT) changes shares on Thursday trading session, with a change of -9.30% or -$0.45 shares. The trading starts at $4.69 and closed at $4.84 throughout the day. The trading session low price was $4.29 and day high was $4.78 on Thursday, June 18. After the session, the Real Estate sector daily volume shifted to 4.5 million while its average volume is 5.36M. In other hand, the MITT market cap reached to $133.50M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.97% and up 51.90% for month. Its quarterly performance was -7.58% below, while its half year performance is down -71.82%. MITT yearly performance stood at negative -72.87% and fall -71.53% for year-to-date. Current recommendation for AG Mortgage Investment Trust Inc. is 3.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. MITT EPS (TTM) for 12-month is 2.54. EPS for this year is 818.60%, while for the next year its value is 0.90. Its EPS Q/Q reached 167.10%. It has an EPS of -5.70% down for past five years and for the next five years will be down -6.01%.

Blackrock Inc., Vanguard Group, Inc. (The) and Fuller & Thaler Asset Management Inc. are the top three holders in AG Mortgage Investment Trust Inc. (MITT) stock. On Mar 30, 2020, Blackrock Inc. has 3.46 million shares which valued 9.49 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 3.23 million shares which valued at 8.85 million. On Mar 30, 2020, Fuller & Thaler Asset Management Inc. has a total of 1.66 million shares which valued at 4.56 million. In the end, Fuller & Thaler Asset Management Inc. have 5.07% shares outstanding of AG Mortgage Investment Trust Inc. (MITT) on Mar 30, 2020. The insider ownership moved to 1.90% and institutional holding shifted to 60.30%.

The company posted an EPS (TTM) of 2.54. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of 0.24, while 0.36 EPS posted a year ago period. Comparing with last year, the average estimated EPS was 0.36 which is higher than 0.34 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for MITT fall -61.62% for period of 200 days. SMA for 50 days was 36.57% which is showing green signal, while SMA-20 was 12.68%. The moving average value for AG Mortgage Investment Trust Inc. (MITT) is 9.6643 and 3.3523 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in MITT stock. On Mar 12, ROBERTS DAVID N, CEO and President, bought 50,000 trading shares at the cost of $10.68, which valued at 0.53 million. On Mar 12, Durkin Thomas, Chief Investment Officer, bought 10,000 shares at the cost of $10.84, with total shares of 65,166.