Newcastle Investment Corporation (NCT): Today's Featured Financial Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelNewcastle Investment Corporation (NCT) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.3%. By the end of trading, Newcastle Investment Corporation rose $0.26 (2.4%) to $11.18 on average volume. Throughout the day, 6,010,192 shares of Newcastle Investment Corporation exchanged hands as compared to its average daily volume of 4,619,300 shares. The stock ranged in a price between $10.79-$11.36 after having opened the day at $10.86 as compared to the previous trading day's close of $10.92. Other companies within the Financial sector that increased today were: National Bank of Greece (NBG), up 25.3%, Royal Bancshares of Pennsylvania (RBPAA), up 9.5%, Porter Bancorp (PBIB), up 9.2% and Oak Valley Bancorp (OVLY), up 7.6%.
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