Insiders Are Buying Orchid Island Capital, Inc. (NYSE:ORC)

According to the latest filings, corporate insiders at Orchid Island Capital, Inc. (NYSE:ORC) have increased their position in the stock by 50.88% over the past 6 months.  Insiders now own 0.90% of total outstanding shares. 

Orchid Island Capital, Inc. (NYSE:ORC) stands -2.88% away from its 50-day simple moving average and also -5.16% away from the 200-day average.  Recently, the equity stands -20.00% away from the 52-week high and 9.21% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 40.44.


Wall Street analysts on the sell-side covering shares of Orchid Island Capital, Inc. (NYSE:ORC) have a mean recommendation of 2.00 on the shares.  This is based on a numerical chart where each stock recommendation (Buy,Sell,Hold) is translated into a numerical equivalent.  A low number indicates a Buy and a higher number a Sell.  In terms of where analysts see the stock headed, they have a consensus price target of $11.13  on the shares.

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