COOP - Shares of Mr. Cooper Group Inc. (COOP) Exceed 52-Week High
Mr. Cooper Group Inc. (NASDAQ:COOP) traded at a new 52-week high today of $52.35. This new high was reached on above average trading volume as 35.6 million shares traded hands, while the average 30-day volume is approximately 876,000 shares.
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has three operating segments namely Servicing, Originations, and Xome. The company derives the maximum revenue from the Originations segment. The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers. It also provides technology and data-enhanced solutions to home-buyers, home sellers, real estate agents and mortgage companies.
Mr. Cooper Group Inc. (NASDAQ:COOP) has potential upside of 7.2% based on a current price of $42.75 and analysts' consensus price target of $45.81.
In the past 52 weeks, Mr. Cooper Group Inc. share prices are bracketed by a current low of $4.31 and a high of $52.34 and is now at $42.75.
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