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Shares of NLY Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Annaly Capital M (NYSE:NLY) on April 8th, 2020 at $5.55. In approximately 1 month, Annaly Capital M has returned 6.40% as of today's recent price of $5.90.

In the past 52 weeks, shares of Annaly Capital M have traded between a low of $3.51 and a high of $10.50 and are now at $5.90, which is 68% above that low price. The 200-day and 50-day moving averages have moved 0.58% lower and 2.95% lower over the past week, respectively.

Annaly Capital Management, Inc. is a capital manager that invests in and finances residential and commercial assets. The company's principal business objective is to generate net income for distribution to its stockholders through capital preservation, prudent selection of investments, and continuous management of its portfolio. The company operates as a REIT.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Annaly Capital M.

Log in and add Annaly Capital M (NLY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights annaly capital m

Ticker(s): NLY