Markets

Insider Trading

Hedge Funds

Retirement

Opinion

1281292 - 11759070 - 1

Is Ellington Financial Inc. (EFC) A Good Stock To Buy Now?

Is EFC a good stock to buy? We came across a bullish thesis on Ellington Financial Inc. on Valueinvestorsclub.com by rapper. In this article, we will summarize the bulls’ thesis on EFC. Ellington Financial Inc.'s share was trading at $13.63 as of June 11th. EFC’s trailing and forward P/E were 8.41 and 9.07 respectively according to Yahoo Finance.

[caption id="attachment_415459" align="aligncenter" width="750"] Nonwarit/Shutterstock.com[/caption]

Ellington Financial (EFC) is a well-managed credit-focused mortgage REIT positioned as a compelling high-yield income opportunity...