MFA Financial Inc. Stock Outperforms Competitors Despite Losses On The Day

CTS Corp

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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Blend

Company profile

CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators. The Company designs, manufactures, and sells a line of sensors, connectivity components, and actuators primarily to original equipment manufacturers (OEMs) and supplies for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. It operates manufacturing facilities located throughout North America, Asia and Europe and serves various markets globally. The Company’s products consist principally of sensors and actuators used in passenger or commercial vehicles, connectivity components used in telecommunications infrastructure, information technology and other high-speed applications, switches, temperature sensors, and potentiometers supplied to multiple markets, and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets.

MFA Financial Inc. Stock Outperforms Competitors Despite Losses On The Day

5:07 pm ET March 30, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of MFA Financial Inc. (MFA) slid 1.69% to $4.06 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.21% to 14,442.27 and Dow Jones Industrial Average falling 0.19% to 35,228.81. The stock's fall snapped a two-day winning streak. MFA Financial Inc. closed $0.84 short of its 52-week high ($4.90), which the company reached on June 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust (PMT) fell 1.86% to $16.88, Invesco Mortgage Capital Inc. (IVR) fell 1.72% to $2.28, and New York Mortgage Trust Inc. (NYMT) fell 1.35% to $3.65. Trading volume (3.1 M) remained 1.1 million below its 50-day average volume of 4.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 30, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

March 30, 2022 17:07 ET (21:07 GMT)