Angel Oak Mortgage Inc. Looks to Continue to Trade Below its Annual-Low Share Price Today

July 8, 2021 10:22:28

Angel Oak Mortgage Inc. (NYSE:AOMR) traded today at a new 52-week low of $16.10. This new low was reached on below average trading volume as 52,000 shares traded hands, while the average 30-day volume is approximately 139,000 shares.

Angel Oak Mortgage Inc. (NYSE:AOMR) defies analysts with a current price ($16.50) 98.2% above its average consensus price target of $0.30.

Angel Oak Mortgage Inc is a real estate finance company focused on acquiring and investing in the first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. Its objective is to generate attractive risk-adjusted returns for its stockholders, through cash distributions and capital appreciation, across interest rates and credit cycles.

Angel Oak Mortgage Inc. share prices have moved between a 52-week high of $18.94 and the current low of $16.10 and are currently at $16.50 per share.

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