Walker & Dunlop Inc. stock trades under the ticker WD & has shown recent bullish behavior that traders & investors should take a closer look into.
WD stock closed at $130.32/share on 4/14/2022.
Walker & Dunlop Inc. WD Stock’s Technicals Broken Down
WD Stock Price: $130.32
10 Day Moving Average: $128.31
50 Day Moving Average: $134.33
200 Day Moving Average: $126.36
RSI: 48.3
MACD: -1.821
On Thursday, WD stock completed a bullish MACD crossover, while also breaking out above its 10 day moving average.
Their recent trading volumes were above average, compared with the year prior.
They will need to re-test & break above the $130.76, $131.55 & $132 resistance levels.
Walker & Dunlop Inc. WD Stock As A Long-Term Investment
Long-term oriented investors will find WD stock’s valuation metrics appealing, with a P/E (ttm) of 15.63 & a P/B (mrq) of 2.72.
WD stock recently reported 17.8% Quarterly Revenue Growth Y-o-Y.
Their balance sheet will require a closer review, with Total Cash (mrq) of $343M & Total Debt (mrq) of $7.72B.
WD stock’s 1.56% dividend yield looks to be stable for the long-term, as their payout ratio is only 24.5%.
72.7% of WD stock’s outstanding share float is held by institutional investors.
Walker & Dunlop Inc. WD Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to hedge against market volatility, while still profiting from WD stock’s price movements.
I am looking at the 5/20 expiration dated contracts.
The $120, $125 & $130 calls all look good, although they are very illiquid.
The $135, $140 & $145 puts also look appealing, but suffer from the same low levels of open interest.
Tying It All Together
All-in-all, WD stock is worth taking a closer look into, regardless of your trading style.
Investors will like their valuation metrics, as well as their sustainable dividend.
Traders will like their current momentum, but be disappointed in their lack of liquidity in their options.
WD stock warrants a closer look by traders & investors, to see if it is a good fit for their portfolio.
*** I DO NOT OWN SHARES OF WD STOCK AT THE TIME OF PUBLISHING THIS ***