Chimera Investment Corporation (NYSE:CIM) has a mean price target of $15.90 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.56 a share for the very next quarter and $2.23 for this year.
The technical study of Chimera Investment Corporation demonstrates that the 50-day moving average of Chimera Investment Corporation (NYSE:CIM) stock is $16.47, and is trading $-0.48 points away or -2.91% from 50-day moving average of $16.47. It is trading $0.85 or +5.60% away 200-day moving average of $15.14.
The 52-week high of Chimera Investment Corporation (NYSE:CIM) was $16.98 while $10.89 is the low mark in the same period. It state Chimera Investment Corporation share price has to surge more than $-0.99 to hit 52-week high or drop +46.83% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Chimera Investment Corporation , investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Chimera Investment Corporation (NYSE:CIM) ratio came in at 13.60, after dividing current equity price by yearly earnings. Chimera Investment Corporation stock recorded a close of $15.99 in last trading session, registering a market cap of $3.00B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Chimera Investment Corporation (NYSE:CIM) PEG ratio is at -35.90.
1 Chart Pattern Every Investor Should Know
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