Are Investors Unfairly Punishing Mr. Cooper Group Inc. (NASDAQ:COOP)?

Mr. Cooper Group Inc. (NASDAQ:COOP) shares traded lower over the last trading session, losing -6.46% on 04/06/21. The shares fell to a low of $31.89 before closing at $32.30. Intraday shares traded counted 1.72 million, which was -82.07% lower than its 30-day average trading volume of 943.92K. COOP’s previous close was $34.53 while the outstanding shares total 90.18M. The firm has a beta of 1.69, a 12-month trailing P/E ratio of 10.47, and a growth ratio of 0.50. The stock’s Relative Strength Index (RSI) is 41.59, with weekly volatility at 3.87% and ATR at 1.74. The COOP stock’s 52-week price range has touched low of $5.65 and a $37.90 high.

Investors have identified the Mortgage Finance company Mr. Cooper Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.89 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record 5.53 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on COOP sounds very interesting.

Is the stock of COOP attractive?

In related news, 10% Owner, KKR Wand Investors Corp sold 3,700,000 shares of the company’s stock in a transaction that recorded on Mar 26. The sale was performed at an average price of 32.25, for a total value of 119,325,000. As the sale deal closes, the EVP & CHIEF OPERATING OFFICER, Ebers Anthony L now sold 84,000 shares of the company’s stock, valued at 3,101,868. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.60%.

5 out of 7 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Mr. Cooper Group Inc.. 0 analysts has assigned a Sell rating on the COOP stock. The 12-month mean consensus price target for the company’s shares has been set at $41.00.


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