The leading market experts have placed a mean price target of $15.10 on Chimera Investment Corporation (NYSE:CIM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.56 a share for the upcoming quarter and $2.22 for the current fiscal.
The technical analysis of Chimera Investment Corporation plainly substantiates that the 50-day moving average of Chimera Investment Corporation is $16.08, and stock is trading $0.49 points away or +3.05% from its 50-day moving average of $16.08. Further it is trading $2.18 or +15.13% away its 200-day moving average of $14.39. Chimera Investment Corporation (NYSE:CIM) 52-week high is $16.98 and the 52-week low is $10.89.
This explains if the stock moves $-0.41, it will post a 52-week high. In event of +52.16% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Chimera Investment Corporation , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Chimera Investment Corporation (NYSE:CIM) ratio came in at 14.09.
The stock last ended the trading session at $16.57 and registered a market cap of $3.11B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Chimera Investment Corporation (NYSE:CIM) PEG ratio is at -13.70.
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