News Recap: MFA Financial, Inc. (NYSE:MFA) , Abraxas Petroleum Corporation (NASDAQ:AXAS)

On 4/19/2017, Shares of MFA Financial, Inc. (NYSE:MFA) closed at $8.13 in last trading day. After noting the initial trading entry at $8.19, it reached to a day’s high of $8.20 and moved to a day’s low of $8.10. The recent daily volume was 1.34 million as contrast to it’s an average volume of 1.81 million.

Technical Indicators:

The last close of the MFA Financial, Inc. stock reflects that it traded up +0.84% from its 50-day moving average of $8.06. The stock traded above +4.63% to its 200-day MA of $7.77. Furthermore, it moved  lower -1.09% from its 52-week high of $8.22 and +21.52% up from $6.69, which is 52-week low of the stock.

During the last month, MFA Financial, Inc.’s (MFA) has changed 3.18% and performed 19.11% over the last 6 months. The mean rating score for this stock is at 3.00. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 1.07% in recent month and observed Weekly Volatility of 1.01%.

MFA Financial, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), residential whole loans, and credit risk transfer securities. Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15 year and longer-term fixed rate mortgages, as well as by mortgages that have interest rates that reset more frequently. The company has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was founded in 1997 and is headquartered in New York, New York.

Abraxas Petroleum Corporation (NASDAQ:AXAS) finalized the last transaction at value of $1.85, with a daily change of -5.13% or -0.10 points. The company maintained volume of 1.15 million shares. In past trading day, the stock hit the maximum price of $2.00 and touched to minimum value of $1.84. It has a market cap of $ 247.16M.

Technical Indicators:

As of last trade close, the stock is trading  downside -38.13% from its one year high of $2.99 and moved +88.70% upward from $0.98, which is one year low of the stock.

The stock traded below -7.11% from its 50-day moving average of $1.99. Furthermore, the stock moved -12.83% to its 200-day MA of $ 2.12.

Abraxas Petroleum Corporation’s (AXAS) moved with shift of -15.53% in the past week. Over the last three months, the shares of the company have changed -31.73% and performed 15.63% over the last six months. The stock currently has Monthly Volatility of 6.15% and Weekly Volatility of 6.72%.

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. As of December 31, 2016, its estimated net proved reserves were 44.7 million barrels of oil equivalent. The company was founded in 1977 and is headquartered in San Antonio, Texas.

 

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