Redwood Trust Inc. (NYSE: RWT) kicked off on Tuesday, down -1.61% from the previous trading day, before settling in for the closing price of $8.08. Over the past 52 weeks, RWT has traded in a range of $5.45-$8.10.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 22.64%. While this was happening, its average annual earnings per share was recorded 663.98%. With a float of $130.60 million, this company’s outstanding shares have now reached $131.49 million.
The extent of productivity of a business whose workforce counts for 289 workers is very important to gauge. In terms of profitability, gross margin is 93.88%, operating margin of 87.78%, and the pretax margin is 5.68%.
Redwood Trust Inc. (RWT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of Redwood Trust Inc. is 1.22%, while institutional ownership is 78.85%. The most recent insider transaction that took place on May 30 ’24, was worth 93,720. In this transaction Chief Financial Officer of this company bought 15,000 shares at a rate of $6.25, taking the stock ownership to the 56,772 shares.
Redwood Trust Inc. (RWT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 663.98% per share during the next fiscal year.
Redwood Trust Inc. (NYSE: RWT) Trading Performance Indicators
Take a look at Redwood Trust Inc.’s (RWT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.16, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.74 in one year’s time.
Technical Analysis of Redwood Trust Inc. (RWT)
The latest stats from [Redwood Trust Inc., RWT] show that its last 5-days average volume of 0.81 million was inferior to 1.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 91.22%. Additionally, its Average True Range was 0.17.
During the past 100 days, Redwood Trust Inc.’s (RWT) raw stochastic average was set at 92.72%, which indicates a significant increase from 78.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.35% in the past 14 days, which was lower than the 31.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.29, while its 200-day Moving Average is $6.71. Now, the first resistance to watch is $8.08. This is followed by the second major resistance level at $8.22. The third major resistance level sits at $8.29. If the price goes on to break the first support level at $7.87, it is likely to go to the next support level at $7.80. The third support level lies at $7.66 if the price breaches the second support level.
Redwood Trust Inc. (NYSE: RWT) Key Stats
The company with the Market Capitalisation of 1.05 billion has total of 132,153K Shares Outstanding. Its annual sales at the moment are 724,460 K in contrast with the sum of -2,270 K annual income. Company’s last quarter sales were recorded 225,420 K and last quarter income was 15,530 K.
