Cryptocurrency Q&A
Why is Orchid Island Capital dropping?
Why is Orchid Island Capital dropping?
Moonshadow
Mon Nov 04 2024
|
5 answers
1219
Orchid Island Capital has been experiencing a significant drop in its stock price recently. I'm wondering what factors might be causing this decline. Could it be related to market conditions, company performance, or some other external factors? I'm looking for insights into the reasons behind this drop.
5 answers
Caterina
Wed Nov 06 2024
Orchid Island Capital recently announced its financial performance, highlighting a net loss of 9 cents per share.
Was this helpful?
177
97
Stefano
Wed Nov 06 2024
This loss has significantly impacted the company's book value, which has decreased from $9.12 to $8.51.
Was this helpful?
113
20
Raffaele
Tue Nov 05 2024
The total return margin for Orchid Island Capital also suffered, recording a negative 1.97%.
Was this helpful?
370
98
KatanaSharpness
Tue Nov 05 2024
The company's high leverage has been a contributing factor to its financial struggles, amplifying the impact of losses.
Was this helpful?
261
66
Bianca
Tue Nov 05 2024
Additionally, share dilution and overpaying in dividends have exacerbated the situation, leading to consistent losses for investors.
Was this helpful?
298
50
