New Residential Investment Corp. (NRZ) saw its value decrease by -3.11% as the stock dropped $-0.5 to finish the day at a closing price of $15.57. The stock was higher in trading and has fluctuated between $9.07-$16.43 per share for the past year. The shares, which traded within a range of $15.47 to $15.78 during the day, are up by 12.34% in the past three months and up by 23.8% over the past six months. It is currently trading -2.26% below its 20 day moving average and 4.27% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.98 a share over the next twelve months. The current relative strength index (RSI) reading is 48.02.The technical indicator lead us to believe there will be no major movement any time soon, hold.
New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.
Coach, Inc. (COH) shares were up in last trading by 2.03% to $35.14. It experienced higher than average volume on day. The stock decreased in value by almost -1.9% over the past week and fell -6.27% in the past month. It is currently trading -3.35% below its 50 day moving average and -7.5% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -18.16% decrease in value from its one year high of $43.71. The RSI indicator value of 42.15, lead us to believe that it is a hold for now.
Coach, Inc. provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time management, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions. In addition, it offers weekend and travel accessories, travel bags, and other lifestyle products. Further, the company holds licensing rights to market and distribute footwear, eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of company-operated stores, including Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland. The company also sells its products to wholesale customers and distributors in approximately 55 countries. As of July 2, 2016, it operated 228 Coach retail stores and 204 Coach outlet leased stores; and 522 Coach-operated concession shop-in-shops within department stores, retail, and outlet stores, as well as 75 Stuart Weitzman stores. Coach, Inc. was founded in 1941 and is headquartered in New York, New York.
The Mosaic Company (MOS) traded within a range of $29 to $30.38 after opening the day at $30.09. The company has seen its stock increase in value by 9.69% so far this year. The stock was down close to -3.26% on light volume in last trading session and closed at $29.06 per share. After the recent fall, the stock is currently holding -7.86% below its 52 week high of $31.54 and 37.44% above its 12-month low of $22.02. The shares are up by over 20.01% in the last three months, and the RSI indicator value of 53.98 is neither bullish nor bearish, tempting investors to stay on the sidelines.
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients primarily for the agricultural industry worldwide. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant, as well as fluorosilicic acid for water fluoridation. In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts. The Mosaic Company was founded in 2004 and is headquartered in Plymouth, Minnesota.