Newcastle Investment Corp. (NYSE:NCT) shares were transacted unexpectedly with a volume of 3.24 million shares as compared to its average volume of 1.27 million shares. NCT opened at $5.95 scored +2.02% closed $6.07. Its 52 week price range is $2.00 - $8.85.

NCT has earnings of $657.26 million and made $300.27 million sales for the last 12 months. Its quarter to quarter sales remained 0.17%. The company has 62.03 million of outstanding shares and 60.28 million shares were floated in the market.

NCT has an insider ownership at 0.45% and institutional ownership remained 39.18%. Its return on investment (ROI) for the last 12 month was 17.92% as compare to its return on equity (ROA) of 17.26% for the last 12 months.

The price moved down -13.06% from the mean of 20 days, -15.52% from 50 and went up 28.50% from 200 days average price. Company’s performance for the week was -7.33%, -23.46% for month and yearly performance remained 103.01%.

Its price volatility for a month remained 5.86% whereas volatility for a week noted as 4.10% having beta of 3.60. Company’s price to sales ratio for last 12 months was 1.25.

Newcastle Investment Corp. operates as a real estate investment and finance company that invests in and manages a portfolio consisting primarily of real estate securities. The company’s portfolio of real estate securities includes commercial mortgage backed securities, senior unsecured debt issued by property REITs, real estate related asset backed securities, and agency residential mortgage backed securities. Newcastle also owns interest in loans and pools of loans, including real estate related loans, commercial mortgage loans, residential mortgage loans, and manufactured housing loans. In addition, it owns interests in operating real estate. The company is organized to qualify as a real estate investment trust for U.S. federal income tax purposes. Newcastle was founded in 1998 and is based in New York City.