Ellington Credit Co’s filing revealed that its Portfolio Manager Borenstein Gregory Morris acquired Company’s shares for reported $37874.0 on Apr 09 ’25. In the deal valued at $4.73 per share,8,000 shares were bought. As a result of this transaction, Borenstein Gregory Morris now holds 18,000 shares worth roughly $0.1 million.
UBS initiated its Ellington Credit Co [EARN] rating to a Neutral in a research note published on December 06, 2023; the price target was $6. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in early April from “a Mkt outperform” to “a Mkt perform”. BTIG Research also remained covering EARN and has decreased its forecast on November 08, 2021 with a “Neutral” recommendation from previously “Buy” rating. Piper Sandler started covering the stock on October 12, 2021. It rated EARN as “an Overweight”.
Price Performance Review of EARN
On Tuesday, Ellington Credit Co [NYSE:EARN] saw its stock fall -1.39% to $5.67. Over the last five days, the stock has lost -0.87%. Ellington Credit Co shares have fallen nearly -14.35% since the year began. Nevertheless, the stocks have fallen -19.00% over the past one year. While a 52-week high of $7.20 was reached on 01/03/25, a 52-week low of $4.32 was recorded on 04/09/25.
Levels Of Support And Resistance For EARN Stock
The 24-hour chart illustrates a support level at 5.63, which if violated will result in even more drops to 5.59. On the upside, there is a resistance level at 5.74. A further resistance level may holdings at 5.81.
