Jan 03, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Mortgage REITs industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.Hatteras Financial ranks highest with a sales per share of $5.92. New York Mortgage Trust is next with a sales per share of $5.53. American Capital Agency ranks third highest with a sales per share of $5.24.
Invesco Mortgage Capital follows with a sales per share of $5.03, and Cypress Sharpridge Investments rounds out the top five with a sales per share of $4.61.
SmarTrend recommended that its subscribers protect gains by selling shares of Cypress Sharpridge Investments on October 12th, 2012 by issuing a Downtrend alert when the shares were trading at $13.33. Since that call, shares of Cypress Sharpridge Investments have fallen 8.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
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