Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -1.35%. However, over the past six months, we’ve seen a stronger performance of -7.46%. The price of RITM fallen by 2.41% over the last 30 days. And in the last five days, it has fallen by -0.74%.
The stock price for Rithm Capital Corp. (RITM) currently stands at $8.06. The stock experienced a substantial increase in the last session, hitting $8.36 after starting at $8.18. The stock’s lowest price was $8.18 before closing at $8.19.
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In terms of market performance, Rithm Capital Corp. had a fairly uneven. The highest value for the stock in the past year was $11.11 on 06/06/22, and the lowest value was recorded at $6.86 on 10/03/22.
52-week price history of RITM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rithm Capital Corp.’s current trading price is -27.48% away from its 52-week high, while its distance from the 52-week low is 17.46%. The stock’s price range during this period has varied between$6.86 and $11.11. The Rithm Capital Corp.’s shares, which operate in the Real Estate, saw a trading volume of around 1.49 million for the day, a figure considerably lower than their average daily volume of 4.19 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rithm Capital Corp. (RITM) has experienced a quarterly decline of -12.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.97B and boasts a workforce of 5400 employees.
Rithm Capital Corp.: Analysts’ Ratings Unveiled
As of right now, 9 analysts are rating Rithm Capital Corp. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.48, with a change in price of -0.27. Similarly, Rithm Capital Corp. recorded 4,270,586 in trading volume during the last 100 days, posting a change of -3.26%.
RITM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RITM stands at 3.91. Similarly, the long-term debt-to-equity ratio is also 1.82.
RITM Stock Stochastic Average
Rithm Capital Corp.’s raw stochastic average for the past 50 days is presently 62.50%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 53.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 72.22% and 81.79%, respectively.