Redwood Trust Inc. (RWT) concluded trading on Wednesday at a closing price of $6.18, with 3.8 million shares of worth about $23.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.04% during that period and on May 01, 2024 the price saw a gain of about 11.75%. Currently the company’s common shares owned by public are about 131.49M shares, out of which, 130.04M shares are available for trading.
Stock saw a price change of 7.29% in past 5 days and over the past one month there was a price change of 0.49%. Year-to-date (YTD), RWT shares are showing a performance of -16.60% which increased to 2.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.45 but also hit the highest price of $8.30 during that period. The average intraday trading volume for Redwood Trust Inc. shares is 1.57 million. The stock is currently trading 6.19% above its 20-day simple moving average (SMA20), while that difference is up 2.58% for SMA50 and it goes to -10.12% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Redwood Trust Inc. (NYSE: RWT) currently have 131.49M outstanding shares and institutions hold larger chunk of about 77.55% of that.
The stock has a current market capitalization of $813.16M and its 3Y-monthly beta is at 1.54. PE ratio of stock for trailing 12 months is 87.29, while it has posted earnings per share of $0.07 in the same period. Its PEG reads 2.94 while making debt-to-equity ratio of 11.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RWT, volatility over the week remained 3.55% while standing at 2.79% over the month.
Stock’s fiscal year EPS is expected to rise by 649.91% while it is estimated to increase by 19.49% in next year.
Coverage by UBS stated Redwood Trust Inc. (RWT) stock as a Buy in their note to investors on December 06, 2023, suggesting a price target of $9 for the stock. On December 05, 2023, BTIG Research Upgrade their recommendations, while on June 15, 2023, Piper Sandler Downgrade their ratings for the stock with a price target of $7. Stock get an Outperform rating from Wedbush on October 05, 2022.
