Mr. Cooper Group Inc (NASDAQ:COOP) shares hit a new 52-week low on Friday . The company traded as low as $10.14 and last traded at $10.10, with a volume of 1134695 shares traded. The stock had previously closed at $10.94.
A number of brokerages have recently weighed in on COOP. ValuEngine raised shares of Mr. Cooper Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Piper Jaffray Companies cut shares of Mr. Cooper Group from a “neutral” rating to an “underweight” rating in a research note on Wednesday. Barclays set a $18.00 price objective on shares of Mr. Cooper Group and gave the company a “hold” rating in a research note on Friday, March 8th. BTIG Research initiated coverage on shares of Mr. Cooper Group in a research note on Thursday, November 29th. They set a “buy” rating and a $21.00 price objective for the company. Finally, Zacks Investment Research lowered shares of Mr. Cooper Group from a “hold” rating to a “strong sell” rating in a report on Monday, December 31st. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $20.67.
The company has a market cap of $993.68 million, a P/E ratio of 83.92 and a beta of 0.50. The company has a debt-to-equity ratio of 3.49, a quick ratio of 2.42 and a current ratio of 2.42.
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Mr. Cooper Group Company Profile (NASDAQ:COOP)
Mr. Cooper Group Inc provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for originated and purchased loans, as well as operates as a subservicer for various clients that own the underlying servicing rights.
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