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Two Harbors Investment (TWO) in Focus: Stock Moves 6.4% Higher

Zacks Equity Research
·2 mins read

Two Harbors Investment Corp. TWO was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 30.8% in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Two Harbors Investment. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Two Harbors Investment currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Two Harbors Investments Corp Price

Two Harbors Investments Corp Price
Two Harbors Investments Corp Price

Two Harbors Investments Corp price | Two Harbors Investments Corp Quote

Investors interested in the REIT and Equity Trust industry may consider Chimera Investment Corporation CIM, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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