Shares of Walter Investment Management Corp. (NYSE:WAC) opened at $0.44, and ended -2.85% lower at $0.39. Nearly 0.35 million shares were traded by the close, lower than its average daily volume of 0.79 million shares.Walter Investment Management Corp. (WAC) Analyst Opinion
Walter Investment Management Corp. has a consensus underperform rating from 4 Wall Street analysts, and the number of shares currently sold short amount to at least 11.45% of shares outstanding. The stock sank -49.7% last month and is down -91.83 this year. Wall Street is only getting more bearish on the stock, with 0 of analysts who cover WAC having a buy-equivalent rating. Analysts have placed a $1.38 price target on Walter Investment Management Corp., suggesting a 253.85% gain from recent close. It’s currently trading about -95.21% below its 52-week high.Walter Investment Management Corp. Earnings Surprise
Walter Investment Management Corp. (WAC) failed to surprise the stock market in its last reported earnings when it earned $Last 4 Weeks a piece versus the consensus-estimated $Last Week. Its revenue totaled $266.5 million down -40% from the previous quarter.
This stock (WAC) is ahead of its 52-week low with 3.19%. Its last month’s stock price volatility remained 21.43% which for the week stands at 15.02%. The share price has moved backward from its 20 days moving average, trading at a distance of -40.86% and stays -53.73% away from its 50 days moving average. Over the last five days, shares have faced -15.63% losses and now is down -85.96% since hitting its 200-day moving average of $1.6419. Walter Investment Management Corp. (WAC) has made its way to a 12-month decline of -88.65%.
Turning to Tellurian Inc. (NASDAQ:TELL), its shares were trading at $8.24 a retreat of $-0.3, on the trading floor. The stock, after opening at $8.44, touched a high of $8.61 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Tellurian Inc. tumbled -62.1% from its high of $21.74 to a $1.74 billion market value through last close.Tellurian Inc. (NASDAQ:TELL) Intraday Trading
The counter witnessed a trading volume of 0.39 million shares versus an average volume of 0.74 million shares during last trading session. Its last month’s stock price volatility remained 5.58% which for the week approaches 5.42%. The lowest price the stock reached in the last trading day was $8.22 and compares with the $4.7 52-week low. The stock recovered 109.14% since its low point and has performed -26.76% year-to-date.