New York Mortgage Trust (NASDAQ:NYMTL) Stock Price Up 0.1% – Should You Buy?

New York Mortgage Trust, Inc. (NASDAQ:NYMTLGet Free Report)’s stock price shot up 0.1% during trading on Wednesday . The company traded as high as $22.2250 and last traded at $22.22. 14,377 shares were traded during trading, an increase of 81% from the average session volume of 7,927 shares. The stock had previously closed at $22.2050.

New York Mortgage Trust Stock Performance

The stock’s 50-day moving average is $22.27 and its 200 day moving average is $21.93.

New York Mortgage Trust Company Profile

(Get Free Report)

New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.

See Also

Receive News & Ratings for New York Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.