(MITT) AG Mortgage Investment - Ratings and Ratios

AG Mortgage Investment Trust, Inc. (NYSE: MITT) is a hybrid mortgage real estate investment trust (REIT) focused on residential mortgage assets in the U.S. Its portfolio includes non-agency residential mortgage-backed securities (RMBS), agency-eligible RMBS, and other mortgage-related assets. The company also invests in commercial mortgage-backed securities (CMBS) and commercial loans. MITT qualifies as a REIT for federal income tax purposes, requiring it to distribute at least 90% of its taxable income to shareholders annually. Incorporated in 2011 and headquartered in New York, MITT operates with a strategic focus on both agency and non-agency mortgage securities, positioning itself as a diversified player in the mortgage REIT sector.

MITT trades on the New York Stock Exchange (NYSE) under the ticker symbol MITT. As of the latest data, the stock has an average 20-day trading volume of 177,661 shares, with a last closing price of $7.57. The stocks technical indicators show a 20-day SMA of $7.18, a 50-day SMA of $6.86, and a 200-day SMA of $6.78, indicating a recent upward trend in price movement. The ATR (Average True Range) of 0.15 reflects relatively low price volatility.

From a fundamental perspective, MITT has a market capitalization of $221.03M USD, with a trailing P/E ratio of 3.15 and a forward P/E of 7.72. The stock trades at a price-to-book (P/B) ratio of 0.69 and a price-to-sales (P/S) ratio of 2.74, suggesting undervaluation relative to book value. The return on equity (RoE) stands at 13.37%, indicating profitable operations. For more information, visit the companys website at https://www.agmit.com.

3-Month Forecast: Based on the convergence of the stocks 20-day and 50-day SMA above the 200-day SMA, MITT may experience short-term bullish momentum. However, the low ATR suggests limited price movement. Fundamentally, the stocks attractive P/B ratio and high RoE could attract value investors, potentially driving moderate price appreciation. Yet, the forward P/E ratio indicates market expectations for slower growth ahead. Overall, MITT is expected to trade in a narrow range, with a potential upside of 5-8% over the next three months, contingent on broader market conditions and mortgage sector performance.