News articles about Walter Investment Management Corp. (NYSE:WAC) have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Walter Investment Management Corp. earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.4248030144041 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Hot Mover to Watch: Walter Investment Management Corp. (NYSE: WAC) – The Investor Guide (wallstreetnews24.com)
- Volume: A Tool to Project Future Performance: Walter Investment Management Corp (NYSE: WAC) – Alpha Beta Stock (alphabetastock.com)
- Walter Investment Management Corp. (WAC) stock remained among Quarterly Losers with decline of -36.61% – Street Observer (press release) (streetobserver.com)
- What Kind Of Risk And Return Should You Expect For Walter Investment Management Corp (WAC)? (finance.yahoo.com)
- ETFs with exposure to Walter Investment Management Corp. : September 27, 2017 (finance.yahoo.com)
Separately, Zacks Investment Research downgraded shares of Walter Investment Management Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 13th.
Shares of Walter Investment Management Corp. (WAC) traded up 1.1532% during midday trading on Friday, reaching $0.5614. 334,226 shares of the company’s stock were exchanged. Walter Investment Management Corp. has a 1-year low of $0.30 and a 1-year high of $8.11. The firm has a 50-day moving average of $0.52 and a 200-day moving average of $0.86. The company’s market capitalization is $20.51 million.
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About Walter Investment Management Corp.
Walter Investment Management Corp. is a diversified mortgage banking firm focused primarily on the servicing and origination of residential loans, including reverse loans. The Company operates through three segments: Servicing, Originations and Reverse Mortgage. The Servicing segment consists of operations that perform servicing for third-party credit owners of mortgage loans, as well as its own mortgage loan portfolio.
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