As on Wednesday, Redwood Trust Inc. (NYSE: RWT) got off with the flyer as it spiked 2.28% to $6.27, before settling in for the price of $6.13 at the close. Taking a more long-term approach, RWT posted a 52-week range of $5.47-$8.30.
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The Real Estate sector firm’s twelve-monthly sales growth has been 22.64% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 583.52%. This publicly-traded company’s shares outstanding now amounts to $131.49 million, simultaneously with a float of $130.25 million. The organization now has a market capitalization sitting at $825.01 million. At the time of writing, stock’s 50-day Moving Average stood at $6.43, while the 200-day Moving Average is $6.93.
Redwood Trust Inc. (RWT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the REIT – Mortgage industry. Redwood Trust Inc.’s current insider ownership accounts for 1.01%, in contrast to 76.90% institutional ownership.
Redwood Trust Inc. (RWT) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.05 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.14) by -$0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
Redwood Trust Inc.’s EPS increase for this current 12-month fiscal period is 583.52% and is forecasted to reach 0.67 in the upcoming year.
Redwood Trust Inc. (NYSE: RWT) Trading Performance Indicators
Let’s observe the current performance indicators for Redwood Trust Inc. (RWT). The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.07.
In the same vein, RWT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.12, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.67 at the market close of one year from today.
Technical Analysis of Redwood Trust Inc. (RWT)
Through scrutinizing the latest numbers posted by the [Redwood Trust Inc., RWT], it can be observed that its last 5-days Average volume of 1.6 million was better the volume of 1.52 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 60.61% While, its Average True Range was 0.19.
Raw Stochastic average of Redwood Trust Inc. (RWT) in the period of the previous 100 days is set at 24.53%, which indicates a major fall in contrast to 65.45% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.97% that was lower than 30.94% volatility it exhibited in the past 100-days period.
