New Residential Investment Corp (symbol: NRZ) was one of the worst losers
of the trading day today (2016-03-01), losing -11.1%. The number of shares
that changed hands was 9,590,215, or about 3 times the average daily volume
in the stock.
The closing price was $10.41, amounting to a market cap of $2,400,000,000,
about -41.88% off the highest price in the last 12 months. The stock has
been trading at a range between $9.07 and $17.91.
NRZ is in the Real Estate Investment Trusts industry, part of the Consumer
Services sector.
Looking at its valuation, the stock is now trading at 8.6 times earnings.
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