Rithm Capital Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $11.20 on 03/21/24, while the lowest value for the same period was recorded at $7.40 on 03/24/23.
52-week price history of RITM Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rithm Capital Corporation’s current trading price is 0.22% away from its 52-week high, while its distance from the 52-week low is 51.69%. The stock’s price range during this period has spanned from $7.40 to $11.20. In the Real Estate sector, the Rithm Capital Corporation’s shares surpassed a trading volume of approximately 1.22 million for the day, which was noticeably lower compared to the average daily volume of 9.3.75 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Rithm Capital Corporation (RITM) has experienced a quarterly rise of 1.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.42B and boasts a workforce of 6570 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.52, with a change in price of +2.06. Similarly, Rithm Capital Corporation recorded 3,581,739 in trading volume during the last 100 days, posting a change of +22.42%.
Examining RITM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for RITM stands at 3.70. Similarly, the long-term debt-to-equity ratio is also 3.44.
RITM Stock Stochastic Average
Today’s raw stochastic average for Rithm Capital Corporation over the last 50 days is 95.52%.This indicates a increase from the raw stochastic average of the past 20 days, which was 92.40%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.03% and 74.61%, respectively.
RITM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 5.10%.However, over the last six months, we can see a weaker performance of 13.04%. Over the last 30 days, the price of RITM has fallen by 5.90%. And in the last five days, it has surged by 3.36%.
