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Two Harbors Investments (TWO) Surges: Stock Moves 6.5% Higher

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Two Harbors Investments Corp. (TWO - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 63.8% in the past one-month time frame.

The company’s Zacks Consensus Estimate for the current quarter has moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Two Harbors Investments currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.  
 

Two Harbors Investments Corp Price

Investors interested in the REIT and Equity Trust industry may consider AGNC Investment Corp. (AGNC - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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