Pre-Market Technical Recap on Mortgage Investment Stocks -- Ally Financial, Ocwen Financial, Santander Consumer USA, and Walter Investment Management

NEW YORK, July 28, 2017 /PRNewswire/ --

If you want a Stock Review on ALLY, OCN, SC, or WAC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com is currently observing the Mortgage Investment space, which includes companies that focus primarily on investing in mortgaged-backed securities and other real estate activities. Many companies within this industry are organized as real estate investment trusts, resulting in a high-average dividend yield for the sector. Equities to assess 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). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/

Ally Financial 

Detroit, Michigan headquartered Ally Financial Inc.'s shares jumped 4.93%, finishing Thursday's trading session at $22.78. A total volume of 7.45 million shares was traded, which was higher than their three months average volume of 4.56 million shares. In the last month and the previous three months, the stock has advanced 8.53% and 13.00%, respectively. Additionally, the Company's shares have gained 19.77% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.84% and 13.08%, respectively. Moreover, 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 72.83.

On July 19^th, 2017, Ally Financial's Board of Directors declared a quarterly cash dividend of $0.12 per share of the Company's common stock, payable on August 15^th, 2017, to shareholders of record on August 01^st, 2017. Free research report on ALLY is available at:
http://dailystocktracker.com/registration/?symbol=ALLY

Ocwen Financial 

On Thursday, shares in West Palm Beach, Florida headquartered Ocwen Financial Corp. recorded a trading volume of 3.51 million shares, which was above their three months average volume of 2.94 million shares. The stock ended the session 6.55% higher at $3.09. The Company's shares have gained 10.36% in the last one month and 38.57% over the previous three months. The stock is trading 13.67% above its 50-day moving average. Furthermore, shares of Ocwen Financial, which engages in the servicing and origination of mortgage loans in the US, have an RSI of 71.80.

On July 26^th, 2017, Ocwen Financial announced that it will hold a conference call on August 02^nd, 2017, at 8:30 a.m. ET to review Q2 2017 operating results. These events will follow the Company's Q2 2017 earnings release. The earnings release will be available on the Company's website. The complimentary research report on OCN can be downloaded at:
http://dailystocktracker.com/registration/?symbol=OCN

Santander Consumer USA 

Shares in Dallas, Texas headquartered Santander Consumer USA Holdings Inc. closed at $13.46, up 0.15% from the last trading session. The stock recorded a trading volume of 3.66 million shares, which was above its three months average volume of 2.35 million shares. The Company's shares have gained 8.64% in the last one month and 2.75% over the previous three months. The stock is trading 9.64% and 2.81 above its 50-day and 200-day moving averages, respectively. Additionally, shares of Santander Consumer USA, which provides vehicle finance and third-party servicing in the US, have an RSI of 62.97.

On July 13^th, 2017, Santander Consumer USA announced an update to its Q2 2017 earnings release date from the previously planned July 27^th, 2017, to July 28^th, 2017, in order to align with the change in the Banco Santander, S.A.'s Q2 2017 earnings release date. Management will host a conference call and webcast at 9:00 a.m. ET on that same day to discuss the Company's results and other general matters. 

On July 18^th, 2017, research firm JMP Securities upgraded the Company's stock rating from 'Market Perform' to 'Market Outperform'. Visit DailyStockTracker.com today and access our complete research report on SC at:
http://dailystocktracker.com/registration/?symbol=SC

Walter Investment Management 

Tampa, Florida-based Walter Investment Management Corp.'s stock ended 2.57% higher at $0.76 with a total trading volume of 210,958 shares. The Company's shares are trading below their 50-day moving average by 24.33%. Shares of the Company, which operates as an independent servicer and originator of mortgage loans, and a servicer of reverse mortgage loans in the US, have an RSI of 41.19.

On July 14^th, 2017, Walter Investment Management announced that, on July 13^th, 2017, it received written notification from the NYSE that the Company was considered to be below the compliance standards set forth under Rule 802.01C of the NYSE Listed Company Manual, because the average closing price of the its common stock fell below $1.00 over a consecutive 30 trading-day period, as of July 10^th, 2017. Get free access to your research report on WAC at:
http://dailystocktracker.com/registration/?symbol=WAC

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