New York Mortgage Trust (NASDAQ:NYMTN) Trading Down 0.3% – Time to Sell?

New York Mortgage Trust, Inc. (NASDAQ:NYMTNGet Free Report) fell 0.3% during mid-day trading on Friday . The company traded as low as $21.51 and last traded at $21.60. 8,049 shares were traded during mid-day trading, a decline of 32% from the average session volume of 11,816 shares. The stock had previously closed at $21.66.

New York Mortgage Trust Trading Up 1.1%

The firm has a fifty day moving average price of $21.91 and a 200 day moving average price of $21.69.

New York Mortgage Trust Company Profile

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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.

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