Arlington Asset Investment Corp. (NYSE:AI) popped in on a low volume green day. Volume on 06-Dec-18 came in at 0.39 million contracts. The daily trading volume has averaged 423.69 million shares a day in past 3 months. The first sale was made at $8.3 but later the stock became weaker, and closed with a gain of 0.48%. It was last traded at $8.38 apiece.Arlington Asset Investment Corp. (AI): Outperform Candidate With 10.38% Upside Potential
Arlington Asset Investment Corp. is maintained at an average outperform rating by 4 stock analysts, and there are at least 10.26% of shares outstanding that are currently legally short sold. The shares went down by -1.3% in value last month. Year-to-date it plunged -28.86%. Analysts are turning out to be more optimistic than before, with 1 of analysts who cover Arlington Asset Investment Corp. (NYSE:AI) advice adding it to buy candidate list. Wall Street experts also assign a $9.25 price target on Arlington Asset Investment Corp., pointing towards a 10.38% rally from current levels. The stock is trading for about -33.86% less than its 52-week high.
Revenue scored -6.26% growth from the previous quarter, coming up with $10.18 million.AI Retreats -0.24% In A Week
This company shares (AI) so far managed to recover 3.71% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 2.73% while shortening the period to a week, volatility was 2.34%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.3% and sits -3.13% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -0.24% losses and is down by -18.58% compared with its 200-day moving average of $9.85. Also, Arlington Asset Investment Corp. (AI) needs to overturn a -29.58% decrease it experienced over the past twelve months.
As regular trading ended, Kinross Gold Corporation (KGC) stock brought in a $0.02 rise to $2.82. The day started at a price of $2.78 but then traded as high as $2.845 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. Kinross Gold Corporation is given 1 buy-equivalent recommendations, 0 sells and 13 holds. The company shares sank -41% from their peak of $4.78 and now has a $3.55 billion market value of equity.
KGC’s mean recommendation on Reuter’s scale improved from 2.45 thirty days ago to 2.55 now, which indicates a hold consensus from the analyst community. They see Kinross Gold Corporation (KGC) price hitting a mean target of $4.04 a share, meaning the stock still has potential that could lift the price another 43.26% . Also, the recent close suggests the stock is underpriced by 77.3% compared to the most bullish target.
The company had seen its current volume reaching at 20.77 million shares in the last trade. That compares with the recent volume average of 13.59 million. At the close of regular trading, its last week’s stock price volatility was 4.97% which for the month reaches 4.87%. Kinross Gold Corporation dipped to as low as $2.76 throughout the day and has returned -34.72% in this year. At one point in the past year, the shares traded as low as $2.38 but has recovered 18.49% since then.