Redwood Trust Inc (RWT) is heading in the right direction with an average volume of $858.33K

Witnessing the stock’s movement on the chart, on Wednesday, Redwood Trust Inc (NYSE: RWT) had a quiet start as it plunged -3.87% to $6.70, before settling in for the price of $6.97 at the close. Taking a more long-term approach, RWT posted a 52-week range of $5.45-$8.15.

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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 608.04%. This publicly-traded company’s shares outstanding now amounts to $132.24 million, simultaneously with a float of $130.63 million. The organization now has a market capitalization sitting at $886.19 million. At the time of writing, stock’s 50-day Moving Average stood at $7.25, while the 200-day Moving Average is $6.86.

Redwood Trust Inc (RWT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the REIT – Mortgage industry. Redwood Trust Inc’s current insider ownership accounts for 1.24%, in contrast to 81.02% institutional ownership. According to the most recent insider trade that took place on May 30 ’24, this organization’s Chief Financial Officer bought 15,000 shares at the rate of 6.25, making the entire transaction reach 93,720 in total value, affecting insider ownership by 56,772.

Redwood Trust Inc (RWT) Earnings and Revenue Records

Redwood Trust Inc’s EPS increase for this current 12-month fiscal period is 608.04% and is forecasted to reach 0.77 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 0.17. Alongside those numbers, its PE Ratio stands at $12.38, and its Beta score is 1.61. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.00.

In the same vein, RWT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.54, a figure that is expected to reach 0.16 in the next quarter, and analysts are predicting that it will be 0.77 at the market close of one year from today.

Technical Analysis of Redwood Trust Inc (RWT)

Going through the that latest performance of [Redwood Trust Inc, RWT]. Its last 5-days volume of 1.48 million indicated improvement to the volume of 1.07 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 38.39% While, its Average True Range was 0.18.

Raw Stochastic average of Redwood Trust Inc (RWT) in the period of the previous 100 days is set at 6.45%, which indicates a major fall in contrast to 6.78% 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 29.65% that was higher than 24.94% volatility it exhibited in the past 100-days period.