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27.7% Return Seen to Date on SmarTrend Mfa Financial Call (MFA)

By James Quinn

SmarTrend identified an Uptrend for Mfa Financial (NYSE:MFA) on February 23rd, 2016 at $6.68. In approximately 17 months, Mfa Financial has returned 27.69% as of today's recent price of $8.53.

In the past 52 weeks, shares of Mfa Financial have traded between a low of $6.83 and a high of $8.67 and are now at $8.53, which is 25% above that low price. The 200-day and 50-day moving averages have moved 0.21% lower and 0.27% higher over the past week, respectively.

MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential mortgage-backed securities and residential whole loans.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mfa Financial shares.

Log in and add Mfa Financial (MFA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mfa financial

Ticker(s): MFA