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Zacks Investment Research downgraded CYS Investments Inc (NYSE:CYS) to Sell in a report released today.

Yesterday CYS Investments Inc (NYSE:CYS) traded -1.38% lower at $8.60. The company’s 50-day moving average is $8.84 and its 200-day moving average is $8.48. The last stock close price is up 1.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,048,460 shares of the stock were exchanged, down from an average trading volume of 1,283,210

Zacks Investment Research has downgraded CYS Investments Inc (NYSE:CYS) to Sell in a report released on Monday October 03, 2016.

Previously on 8/02/2016, Compass Point reported about CYS Investments Inc (NYSE:CYS) raised the target price from $8.50 to $9.00. At the time, this indicated a possible downside of -0.01%.

See Chart Below

CYS Investments Inc (NYSE:CYS)

CYS Investments Inc has a 52 week low of $5.89 and a 52 week high of $9.21 with a P/E ratio of 9.81 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 9 firms have issued a report on the stock. The consensus target price is $8.02 with 2 firms rating the stock a strong buy, 3 firms rating the stock a buy, 4 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About CYS Investments Inc (NYSE:CYS)

CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period (approximately three, five, seven or 10 years). In addition, the Company permits investments in collateralized mortgage obligations (CMOs) issued by a Government agency or Government-sponsored entity that are collateralized by Agency RMBS, although it has not invested in any CMOs. In addition to Agency RMBS, the Company invests in the United States Treasuries. The Company also invests in debt securities issued by the United States Department of the Treasury or a Government-sponsored entity that is not backed by collateral.

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