|
 |
|
|
Monday and heading into next week could be a great gain for CYS's stock. |
|
|
Released on Saturday, June 9th, 2012, 1:26 PM ET
Pittsburgh, PA (SpeculatingStocks) - CYS Investments (NYSE:CYS) has been trading wildly over the past few days, coming in at around $13.50 per share on Monday and now ending at a final price this week of $14.14 per share (4:09 PM, Friday, June 9th, 2012). With an average daily volume of about 1.19 million shares, CYS is a pretty hot stock.
CYS is a mortgage-backed securities investment firm, with a market capitalization of 1$.64 billion, whose main job is to pay you, the shareholder, fat dividends—how fat? About 14.14% per year fat—that's a higher return than the appreciation of half the stocks on the market, and with a yearly price appreciation between 7 and 9% this stock sounds like it might be a pretty good investment.
Plus, it might be undervalued. With a P/E of only 10.33 at earnings of approximately $1.37 per share, the stock should move up in price of the P/E moves closer towards 15 to 20 times earnings, right around the sweet spot. Also, keep a close look for a break-out in trading prices on this stock on Monday and over the next few days. CYS is hitting its 52-week and relative trading range. With the new second quarter dividend just being announced by CYS's board, this could be the company's momentum boost to get the stock really going.
Be prepared for a bumpy ride throughout though. Holding this stock could be a preferred method for long-term gains, but only do so if you can stomach the waters—turbulence is in the forecasts.
Find more stocks on the SpeculatingStocks homepage.
Comments:
|
|
