Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Rithm Capital Corporation’s current trading price is -3.16% away from its 52-week high, while its distance from the 52-week low is 36.76%. The stock’s price range over this period has fluctuated between $7.40 and $10.45. The company, operating within the financial sector, had a trading volume of approximately 3.14 million for the day, which was noticeably lower than the average daily share volume of 3.54 million over the last 3 months.
The stock price for Rithm Capital Corporation (RITM) currently stands at $10.12. The stock experienced a substantial increase in the last session, hitting $10.15 after starting at $10.06. The stock’s lowest price was $10.035 before closing at $10.08.
Rithm Capital Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $10.45 on 09/01/23, while the lowest value for the same period was recorded at $7.40 on 03/24/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Rithm Capital Corporation (RITM) has experienced a quarterly rise of 5.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.89B and boasts a workforce of 5763 employees.
Rithm Capital Corporation: What Analysts Are Saying
As of right now, 8 analysts are rating Rithm Capital Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.69, with a change in price of +0.88. Similarly, Rithm Capital Corporation recorded 3,701,396 in trading volume during the last 100 days, posting a change of +9.52%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RITM stands at 3.56. Similarly, the long-term debt-to-equity ratio is also 3.36.
RITM Stock Stochastic Average
Today’s raw stochastic average for Rithm Capital Corporation over the last 50 days is 91.24%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 97.66%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 91.61% and 85.80%, respectively.
RITM Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 23.87%. However, over the past six months, we’ve seen a weaker performance of 24.63%. The price of RITM fallen by 7.20% over the last 30 days. And in the last five days, it has surged by 2.64%.