Mr. Cooper Group COOP
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Mr. Cooper Group (COOP) Business Model and Operations Summary
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers and brokers. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. was incorporated in 2015 and is based in Coppell, Texas.
Key Insights
Mr. Cooper Group (COOP) Core Market Data and Business Metrics
Latest Closing Price
$177.355Market Cap
$10.90 BillionAverage Daily Volume
1,187,349.9 Shares52-Week Range
$80.35-$178.70Price-Earnings Ratio
20.27Total Outstanding Shares
63.99 Million SharesCEO
Jesse K. Bray CPATotal Employees
7,900Current Dividend
No dividendIPO Date
March 28, 2012SIC Description
Finance ServicesHeadquarters
8950 Cypress Waters Blvd., Coppell, TX, 75019