Mr. Cooper Group Inc. (NASDAQ:COOP) traded at a new 52-week high today of $37.87. So far today approximately 144,000 shares have been exchanged, as compared to an average 30-day volume of 901,000 shares.
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has three operating segments namely Servicing, Originations, and Xome. The company derives the maximum revenue from the Originations segment. The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers. It also provides technology and data-enhanced solutions to home-buyers, home sellers, real estate agents and mortgage companies.
In the past 52 weeks, Mr. Cooper Group Inc. share prices are bracketed by a low of $4.31 and a high of $37.87 and is now at $37.21, 763% above that low price.
Mr. Cooper Group Inc. (NASDAQ:COOP) is currently priced 4.7% above its average consensus analyst price target of $35.45.
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