Currently, Orchid Island Capital Inc [ORC] is trading at $7.18, down -0.83%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ORC shares have lost -1.64% over the last week, with a monthly amount drifted -2.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Orchid Island Capital Inc [NYSE: ORC] stock has seen the most recent analyst activity on June 06, 2024, when Janney initiated its Buy rating and assigned the stock a price target of $9.50. Previously, Ladenburg Thalmann downgraded its rating to Neutral on August 08, 2022. On January 12, 2022, JMP Securities initiated with a Mkt Perform rating. Ladenburg Thalmann upgraded its rating to a Buy. Maxim Group downgraded its rating to a Hold. Maxim Group reiterated a Buy rating for this stock on July 13, 2015, and downed its price target to $11.50. In a note dated September 03, 2014, Maxim Group reiterated a Buy rating on this stock and boosted its target price from $14 to $14.50.
This stock has fluctuated between a low of $5.68 and a high of $9.01 over the last 52 weeks. Orchid Island Capital Inc [NYSE: ORC] shares were valued at $7.18 at the most recent close of the market.
Analyzing the ORC fundamentals
Trailing Twelve Months sales for Orchid Island Capital Inc [NYSE:ORC] were 339.41M which represents 59.10% growth. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.86%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.13 points at the first support level, and at 7.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.27, and for the 2nd resistance point, it is at 7.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Orchid Island Capital Inc [NYSE:ORC] is 0.10. Also, the Quick Ratio is 0.10, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 3.21, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 14.81.
