EFC-A Stock Summary and Trading Ideas (Ellington Financial Inc. 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | :EFC-A)

Ellington Financial Inc. 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock trades on the stock market under the symbol EFC-A.

As of April 19, 2024, EFC-A stock price declined to $23.61 with 9,972 million shares trading.

EFC-A has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, EFC-A stock traded as high as $26.75 and as low as $17.83.

EFC-A has outperformed the market in the last year with a price return of +26.6% while the SPY ETF gained +21.2%. However, in the short term, EFC-A had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.1% vs +3.0% return in SPY. But in the last 2 weeks, EFC-A shares have fared better than the market returning -1.0% compared to SPY -4.5%.

EFC-A support price is $23.48 and resistance is $23.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EFC-A stock will trade within this expected range on the day.