On Monday, Redwood Trust Inc (NYSE: RWT) was -4.14% drop from the session before settling in for the closing price of $6.77. A 52-week range for RWT has been $5.45 – $8.15.
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
Annual sales at Real Estate sector company grew by 22.64% over the past five years. When this article was written, the company’s average yearly earnings per share was at 606.22%. With a float of $130.63 million, this company’s outstanding shares have now reached $132.24 million.
Let’s look at the performance matrix of the company that is accounted for 289 employees. In terms of profitability, gross margin is 98.75%, operating margin of 92.22%, and the pretax margin is 13.18%.
Redwood Trust Inc (RWT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Redwood Trust Inc stocks. The insider ownership of Redwood Trust Inc is 1.24%, while institutional ownership is 81.02%. The most recent insider transaction that took place on Dec 23 ’24, was worth 92,000. Before that another transaction happened on May 30 ’24, when Company’s Chief Financial Officer bought 15,000 for $6.25, making the entire transaction worth $93,720. This insider now owns 56,772 shares in total.
Redwood Trust Inc (RWT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 606.22% per share during the next fiscal year.
Redwood Trust Inc (NYSE: RWT) Trading Performance Indicators
You can see what Redwood Trust Inc (RWT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.54, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.77 in one year’s time.
Technical Analysis of Redwood Trust Inc (RWT)
Redwood Trust Inc (NYSE: RWT) saw its 5-day average volume 2.67 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 13.80%. Additionally, its Average True Range was 0.19.
During the past 100 days, Redwood Trust Inc’s (RWT) raw stochastic average was set at 3.49%, which indicates a significant decrease from 7.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.70% in the past 14 days, which was higher than the 25.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.20, while its 200-day Moving Average is $6.86. Nevertheless, the first resistance level for the watch stands at $6.58 in the near term. At $6.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.75. If the price goes on to break the first support level at $6.41, it is likely to go to the next support level at $6.34. Assuming the price breaks the second support level, the third support level stands at $6.24.
Redwood Trust Inc (NYSE: RWT) Key Stats
There are 132,267K outstanding shares of the company, which has a market capitalization of 858.41 million. As of now, sales total 724,460 K while income totals -2,270 K. Its latest quarter income was 248,640 K while its last quarter net income were 14,830 K.
