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 loss of -2.65%.However, over the last six months, we can see a stronger performance of -10.85%. Over the last 30 days, the price of RDN has leaped by -5.82%. And in the last five days, it has fallen by -2.77%.
Radian Group, Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $37.86 on 07/31/24, while the lowest price for the same period was registered at $29.17 on 04/18/24.
52-week price history of RDN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Radian Group, Inc’s current trading price is -18.44% away from its 52-week high, while its distance from the 52-week low is 5.88%. The stock’s price range during this period has varied between$29.17 and $37.86. The Radian Group, Inc’s shares, which operate in the Financial, saw a trading volume of around 1.96 million for the day, a figure considerably higher than their average daily volume of 1.28 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Radian Group, Inc (RDN) has experienced a quarterly decline of -10.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.48B and boasts a workforce of 1000 employees.
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 33.31, with a change in price of -4.02. Similarly, Radian Group, Inc recorded 1,239,337 in trading volume during the last 100 days, posting a change of -11.52%.
RDN’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 RDN stands at 0.35. Similarly, the long-term debt-to-equity ratio is also 0.13.
RDN Stock Stochastic Average
Radian Group, Inc’s raw stochastic average for the past 50 days is presently 10.04%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 11.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.91% and 19.75%, respectively.
