New York Mortgage Trust, Inc. (NASDAQ:NYMTM – Get Free Report) shares traded down 0.1% on Tuesday. The stock traded as low as $25.0244 and last traded at $25.0244. 15,741 shares changed hands during trading, a decline of 14% from the average daily volume of 18,355 shares. The stock had previously closed at $25.05.
New York Mortgage Trust Price Performance
The firm has a 50-day simple moving average of $25.45 and a 200-day simple moving average of $25.23.
About New York Mortgage Trust
New York Mortgage Trust, Inc is a real estate investment trust (REIT) that invests primarily in mortgage-related assets and other real estate investments. The company seeks to generate income through a portfolio that may include residential mortgage loans, mortgage-backed securities, multifamily and commercial real estate investments, and other credit-related assets.
Its investment strategy has included agency and non-agency residential mortgage-backed securities, residential housing loans, subordinated mortgage interests, and investments in multifamily properties and mortgage-related companies.
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