NEW YORK, November 28, 2017 /PRNewswire/ —
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on ALLY, OCN, SC, and WAC which is a click away at http://www.wallstequities.com/registration. WallStEquities.com revisits the Mortgage Investment industry, which is focused primarily on investing in mortgaged-backed securities and other real estate activities. Four companies have been lined up for review this morning, and they are: Ally Financial Inc. (NYSE: ALLY), Ocwen Financial Corp. (NYSE: OCN), Santander Consumer USA Holdings Inc. (NYSE: SC), and Walter Investment Management Corp. (NYSE: WAC). Wall St. Equities has a wide array of free research reports which include today’s stock picks, register now to access them at:http://www.wallstequities.com/registration
On Monday, shares in Detroit, Michigan headquartered Ally Financial Inc. recorded a trading volume of 1.79 million shares. The stock ended at $26.23, declining 1.09% from the last trading session. The Company’s shares have gained 0.81% in the last one month, 18.15% over the previous three months, and 37.91% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.06% and 19.23%, respectively. Furthermore, shares of Ally Financial, which provides a range of financial products and services for consumers, businesses, automotive dealers, and corporate clients in the US, have a Relative Strength Index (RSI) of 56.54.
On November 22nd, 2017, Ally Financial announced that CEO Jeffrey Brown will present at the Goldman Sachs US Financial Services Conference on December 05th, 2017, at approximately 9:00 a.m. ET. A live audio webcast will be available under the Investor Relations page of the Company’s website. Follow the link below to your free research report on ALLY at:http://www.wallstequities.com/registration/?symbol=ALLY
West Palm Beach, Florida headquartered Ocwen Financial Corp.’s stock finished yesterday’s session 1.27% lower at $3.11 with a total trading volume of 836,694 shares. The Company’s shares have gained 8.74% over the previous three months. The stock is trading below its 50-day moving average by 8.69%. Furthermore, shares of Ocwen Financial, which engages in the servicing and origination of mortgage loans in the US, have an RSI of 38.32.
On November 02nd, 2017, Ocwen Financial announced its results for the three months ended September 30th, 2017. GAAP net loss for Q3 2017 was $(6.1) million, revenue was $284.6 million, and cash flows from operating activities were $120.5 million. The Servicing segment recorded $5.7 million of pre-tax income, and the Lending segment