Capstead Mortgage Corporation (NYSE:CMO) traded today at a new 52-week high of $6.66. Approximately 661,000 shares have changed hands today, as compared to an average 30-day volume of 1000,000 shares.
Capstead Mortgage Corporation (NYSE:CMO) defies analysts with a current price ($6.50) 1.0% above its average consensus price target of $6.44.
In the past 52 weeks, shares of Capstead Mortgage Corporation have traded between a low of $2.57 and a high of $6.66 and is now at $6.50, which is 153% above that low price.
Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
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