Stocks Review Report: Bank of America Corporation (NYSE:BAC) , New Residential Investment Corp. (NYSE:NRZ)

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Bank of America Corporation (NYSE:BAC) initiated the shares trading at $22.78  while the stock’s final trade was registered at $ 22.68. However, its previous closing price was seen at $22.68. The stock negotiated total number of 66.28 million shares as compared to 3 months average volume of 115.65 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 21.99 and had been up from its 200 Day Moving Average of 17.00.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the BAC stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as BUY from 3 brokerage firms and recommended as Strong Buy by 11 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 0 brokerage firms.5 brokerage firms have rated the company as a Hold. The Corporation has average brokerage recommendation (ABR) of 1.68 based on consensus of the brokerage firms issuing ratings.

The average true range of Bank of America Corporation’s (BAC) is recorded at 0.49 and the relative strength index of the stock stands 63.39. The stock price is going above to its 52 week low with 109.60% and lagging behind from its 52 week high with -3.04%. Analyst recommendation for this stock stands at 2.00. A look on the firm performance, its monthly performance is 2.35% and a quarterly performance of 40.35%. The stock price is trading upbeat from its 200 days moving average with 41.95% and up from 50 days moving average with 11.08%.

Shares of New Residential Investment Corp. (NYSE:NRZ) declined +0.00% and ended at $15.96 smaller than previous closing price of $15.96. The total 1.19 million shares were bought and sold throughout the most recent trading session less than average volume of 2.38 million shares.

Brokerage Recommendations:

NRZ stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as Buy from 1 brokerage firms and 5 brokerage firms say as Strong Buy. 0 brokerage firms have suggested Sell for the company. 1 brokerage firms have recommended as a Hold. Strong Sell rating was given by 0 brokerage firms. The Company has average brokerage recommendation (ABR) of 1.43 based on consensus of the ZACKS brokerage firms.

New Residential Investment Corp.’s (NRZ) has price-to-cash ratio of 10.30 and price to sale ratio of 4.01. The company net profit margin is 38.30% and gross profit margin is 55.20%. A look on the firm performance, its monthly performance is 2.82% and a quarterly performance of 19.67%. The stock price is moving up from its 20 days moving average with 1.87% and isolated positively from 50 days moving average with 8.00%.

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