Redwood Trust Inc. (RWT) is primed for evolution with the beta value of 1.23

Redwood Trust Inc. (RWT) is priced at $6.10 after the most recent trading session. At the very opening of the session, the stock price was $6.45 and reached a high price of $6.52, prior to closing the session it reached the value of $6.13. The stock touched a low price of $6.02.

Recently in News on June 26, 2020, Redwood Trust Announces the Appointment of George Madison to its Board of Directors. Redwood Trust, Inc. (NYSE: RWT) today announced that it has appointed George W. Madison to its Board of Directors. Mr. Madison will join the Board effective July 1, 2020. You can read further details here

Redwood Trust Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $18.01 on 02/18/20, with the lowest value was $2.14 for the same time period, recorded on 04/03/20.

Redwood Trust Inc. (RWT) full year performance was -62.60%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Redwood Trust Inc. shares are logging -66.13% during the 52-week period from high price, and 185.05% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.14 and $18.01.

The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 947584 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Redwood Trust Inc. (RWT) recorded performance in the market was -62.94%, having the revenues showcasing 63.90% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 737.19M, as it employees total of 372 workers.

Analysts verdict on Redwood Trust Inc. (RWT)

During the last month, 4 analysts gave the Redwood Trust Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.23, with a change in the price was noted -11.87. In a similar fashion, Redwood Trust Inc. posted a movement of -66.13% for the period of last 100 days, recording 4,906,000 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RWT is recording 15.52 at the time of this writing. In addition, long term Debt to Equity ratio is set at 12.29.

Redwood Trust Inc. (RWT): Technical Analysis

Raw Stochastic average of Redwood Trust Inc. in the period of last 50 days is set at 47.73%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 8.73%. In the last 20 days, the company’s Stochastic %K was 15.27% and its Stochastic %D was recorded 17.71%.

Let’s take a glance in the erstwhile performances of Redwood Trust Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -62.94%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -63.58%, alongside a downfall of -62.60% for the period of the last 12 months. The shares increased approximately by -10.64% in the 7-day charts and went up by -18.48% in the period of the last 30 days. Common stock shares were driven by 63.90% during last recorded quarter.