Investors Feeling Jittery About Walter Investment Management Corp. (WAC), Ryerson Holding Corporation (RYI)

Walter Investment Management Corp. (NYSE:WAC) attracted a lower number of shares in volume with 0.3 million contracts traded on 17-Oct-17. However, its trading capacity stayed around 0.74 million shares in normal days. The first sale was made at $0.46 but later the stock became weaker, and closed with a gain of 6.05%. It was last traded at $0.49 apiece.

Walter Investment Management Corp. (WAC): Underperform Candidate With -100% Upside Potential

Walter Investment Management Corp. is maintained at an average underperform rating by 4 stock analysts, and there are at least 9.36% of shares outstanding that are currently legally short sold. The shares went up by 5.39% in value last month. Year-to-date it plunged -89.71%. Analysts are turning out to be more pessimistic than before, with 0 of analysts who cover Walter Investment Management Corp. (NYSE:WAC) advice adding it to buy candidate list. Wall Street experts also assign a $0 price target on Walter Investment Management Corp., pointing towards a -100% drop from current levels. The stock is trading for about -93.97% less than its 52-week high.

Walter Investment Management Corp. Reports -40% Sales Growth

Walter Investment Management Corp. (WAC) revenue scored -40% growth from the previous quarter, coming up with $266.5 million.

WAC Retreats -13.45% In A Week

This company shares (WAC) so far managed to recover 61.92% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 10.52% while shortening the period to a week, volatility was 15.86%. The share price has yet to cross its 20 days moving average, floating at a distance of -16.26% and sits -0.8% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -13.45% losses and is down by -68.55% compared with its 200-day moving average of $0.846. Also, Walter Investment Management Corp. (WAC) needs to overturn a -90.69% decrease it experienced over the past twelve months.

Ryerson Holding Corporation (NYSE:RYI) Consensus Call At 2.6

As regular trading ended, Ryerson Holding Corporation (RYI) stock brought in a -$0.8 drop to $9.15. The day started at a price of $9.85 but then traded as high as $9.9 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.6. Ryerson Holding Corporation is given 1 buy-equivalent recommendations, 0 sells and 3 holds. The company shares sank -45.7% from their peak of $16.85 and now has a $338.37 million market value of equity.

Ryerson Holding Corporation Could Grow 46.89% More

RYI’s mean recommendation on Reuter’s scale presents no change from 2.4 thirty days ago to 2.4 now, which indicates a hold consensus from the analyst community. They see Ryerson Holding Corporation (RYI) price hitting a mean target of $13.44 a share, meaning the stock still has potential that could lift the price another 46.89% Also, the recent close suggests the stock is underpriced by 96.72% compared to the most bullish target.

Ryerson Holding Corporation (RYI) Returns -31.46% This Year

The company had seen its current volume reaching at 0.29 million shares in the last trade. That compares with the recent volume average of 0.3 million. At the close of regular trading, its last week’s stock price volatility was 5.92% which for the month reaches 4.88%. Ryerson Holding Corporation dipped to as low as $9.05 throughout the day and has returned -31.46% in this year. At one point in the past year, the shares traded as low as $7.65 but has recovered 19.61% since then.

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