Redwood Trust Inc. (RWT) and the Battle of Fundamentals vs. Technicals

Redwood Trust Inc. (NYSE:RWT) went down by -5.82% from its latest closing price compared to the recent 1-year high of $18.01. The company’s stock price has collected -10.55% of loss in the last five trading sessions. Press Release reported on 09/17/20 that Redwood Trust To Participate In Morgan Stanley’s State Of The Housing Market Webcast

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Is It Worth Investing in Redwood Trust Inc. (NYSE :RWT) Right Now?

Plus, the 36-month beta value for RWT is at 1.07.

RWT currently public float of 113.92M and currently shorts hold a 9.78% ratio of that float. Today, the average trading volume of RWT was 1.96M shares.

RWT’s Market Performance

RWT stocks went down by -10.55% for the week, with a monthly drop of -0.70% and a quarterly performance of 9.88%, while its annual performance rate touched -56.74%. The volatility ratio for the week stands at 4.23% while the volatility levels for the past 30 days are set at 4.14% for Redwood Trust Inc.. The simple moving average for the period of the last 20 days is -3.31% for RWT stocks with a simple moving average of -25.93% for the last 200 days.

Analysts’ Opinion of RWT

JMP Securities, on the other hand, stated in their research note that they expect to see RWT reach a price target of $10. The rating they have provided for RWT stocks is “Mkt Outperform” according to the report published on March 23rd, 2020.

RWT Trading at -0.14% from the 50-Day Moving Average

After a stumble in the market that brought RWT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.47% of loss for the given period.

Volatility was left at 4.14%, however, over the last 30 days, the volatility rate increased by 4.23%, as shares surge +0.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.25% upper at present.

During the last 5 trading sessions, RWT fell by -10.55%, which changed the moving average for the period of 200-days by -56.59% in comparison to the 20-day moving average, which settled at $7.37. In addition, Redwood Trust Inc. saw -56.95% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at RWT starting from Byerwalter Mariann H, who sale 5,778 shares at the price of $4.52 back on May 21. After this action, Byerwalter Mariann H now owns 11,970 shares of Redwood Trust Inc., valued at $26,136 using the latest closing price.

Matera Fred, the Director of Redwood Trust Inc., purchase 13,000 shares at $3.80 during a trade that took place back on May 15, which means that Matera Fred is holding 25,792 shares at $49,347 based on the most recent closing price.

Stock Fundamentals for RWT

Current profitability levels for the company are sitting at:

  • +23.44 for the present operating margin
  • +97.33 for the gross margin

The net margin for Redwood Trust Inc. stands at +21.82. The total capital return value is set at 1.20, while invested capital returns managed to touch 1.33. Equity return is now at value -52.90, with -5.00 for asset returns.

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Based on Redwood Trust Inc. (RWT), the company’s capital structure generated 865.32 points at debt to equity in total, while total debt to capital is 89.64. Total debt to assets is 87.86, with long-term debt to equity ratio resting at 737.66. Finally, the long-term debt to capital ratio is 76.42.

Currently, EBITDA for the company is 32.42M with total debt to EBITDA at 23.41. When we switch over and look at the enterrpise to sales, we see a ratio of 23.60, with the company’s debt to enterprise value settled at 0.89. The receivables turnover for the company is 3.28 and the total asset turnover is 0.05.

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