Stocks to Watch: Eyes on Brookefield Asset Management Inc. (BAM), Dynex Capital, Inc. (DX)

The price of Brookfield Asset Management Inc. (NYSE:BAM) went down by $-0.15 now trading at $45.47. Their shares witnessed a 24.3% increase from the 52-week low price of $36.58 they recorded on 2018-12-26. Even though it is still -1.56% behind the $46.18 high touched on 2019-03-07. The last few days have been good for the stock, as its price has grew by 0.51% during the week. It has also performed better over the past three months, as it added around 5.87% while it has so far climbed around 14.65% during the course of a year. The stock of BAM recorded 18.57% uptrend from the beginning of this year till date. The 12-month potential price target for Brookfield Asset Management Inc. is set at $52.94. This target means that the stock has an upside potential to increase by 16.43% from the current trading price.

When giving their opinion, around 100% of Wall Street analysts, which represents 9 out of 9 rated the stock as a Buy. 0 brokerage firms of the remaining 0% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate BAM shares held by institutional investors represents 61.4% of total shares. 58 institutions entered new Brookfield Asset Management Inc. (NYSE:BAM) positions, 205 added to their existing positions in these shares, 190 lowered their positions, and 40 exited their positions entirely.

Brookfield Asset Management Inc. (BAM) trade volume has decreased by -10.53% as around 987,307 shares were sold when compared with its 50-day average volume of traded shares which is 1,103,540. At the moment, BAM is witnessing a uptrend, as it is trading 2.31% above its 20-day SMA, 7.62% above its 50-day SMA, and 7.96% above its 200-day SMA. The company runs an ROE of roughly 11.1%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the -7.3% decrease witnessed over the past five years.

The first technical resistance point for Brookfield Asset Management Inc. (NYSE:BAM) will likely come at $45.65, marking a 0.39% premium to the current level. The second resistance point is at $45.83, about 0.79% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $44.94, the lower end of the range. BAM’s 14-day MACD is 0.69 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 66.34, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 12.3 percent, which is low when compared to that of the 50-day’s 16.39 percent.

The shares of Dynex Capital, Inc. (NYSE:DX) has decreased by 0%, and now trading at $6 on the Wall Street in the intra-day deal, with their shares traded now around 764,284. This is a decline of -61,456 shares over the average 825,740 shares that were traded daily over the last three months. The stock that is trading at $6 went higher by 7.91% from its 52-week low of $5.56 that it attained back on 2018-12-24. The stock recorded a 52-week high of $6.82 nearly 221 days ago on 2018-08-02.

DX stock hasn’t performed well over the past 30 days, as it lost -4.15% while its price climbed by 4.9% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -1.96% over the last week. The stock’s 12-month potential target price is now at $6.38. This means that the stock price might likely increase by 6.33% from its current trading price.2 out of 5 Wall Street analysts which represents 40% rated the stock as a buy while the remaining 60% rated it as a hold, with 0% of analysts rating it as a sell.

Dynex Capital, Inc. (NYSE:DX) has been utilizing an ROE that is roughly -1.2%, with stock analysts predicting that the company’s EPS for the next five years will go down by -1.7% per year, following the -15.7% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -1.41% below its 20-day SMA, -1.4% below its 50-day SMA, and -3.52% below its 200-day SMA. In percentage terms, the aggregate Dynex Capital, Inc. shares held by institutional investors is 46.3%. 33 institutions jumped in to acquire Dynex Capital, Inc. (DX) fresh stake, 87 added to their current holdings in these shares, 38 lowered their positions, and 4 left no stake in the company.

The stock’s 9-day MACD is -0.06 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 33.95, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 7.02 percent, which is less when compared to that of the 50-day’s 17.53 percent. On the daily chart, we see that the stock could reach the first level of resistance at $6.02, sporting a 0.33% premium to the current level. The next resistance point is at $6.04, representing nearly 0.66% premium to the current market price of Dynex Capital, Inc. (DX). On the other hand, failure to breach the immediate hurdles can drag it down to $5.96, the lower end of the range.

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