Redwood Trust Inc. (NYSE:RWT) went up by 1.27% from its latest closing price compared to the recent 1-year high of $11.84. The company’s stock price has collected 6.87% of gains in the last five trading sessions. Press Release reported on 05/07/21 that Redwood Trust Announces Expansion Of Leadership Team
Is It Worth Investing in Redwood Trust Inc. (NYSE :RWT) Right Now?
Redwood Trust Inc. (NYSE:RWT) scored a price-to-earnings ratio above its average ratio, recording 3.41 x from its present earnings ratio. Plus, the 36-month beta value for RWT is at 0.99. Opinions of the stock are interesting as 6 analysts out of 7 who provided ratings for Redwood Trust Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.86, which is $0.73 above the current price. RWT currently public float of 112.00M and currently shorts hold a 2.74% ratio of that float. Today, the average trading volume of RWT was 975.40K shares.
RWT’s Market Performance
RWT stocks went up by 6.87% for the week, with a monthly jump of 8.91% and a quarterly performance of 18.50%, while its annual performance rate touched 59.31%. The volatility ratio for the week stands at 2.04% while the volatility levels for the past 30 days are set at 2.15% for Redwood Trust Inc.. The simple moving average for the period of the last 20 days is 8.62% for RWT stocks with a simple moving average of 29.50% for the last 200 days.
Analysts’ Opinion of RWT
Many brokerage firms have already submitted their reports for RWT stocks, with Keefe Bruyette repeating the rating for RWT by listing it as a “Outperform.” The predicted price for RWT in the upcoming period, according to Keefe Bruyette is $9.50 based on the research report published on December 18th of the previous year 2020.
Jefferies, on the other hand, stated in their research note that they expect to see RWT reach a price target of $12. The rating they have provided for RWT stocks is “Buy” according to the report published on December 14th, 2020.
RWT Trading at 11.07% 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 able to rebound, for now settling with 1.23% of gains for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares surge +11.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.91% upper at present.
During the last 5 trading sessions, RWT rose by +6.87%, which changed the moving average for the period of 200-days by +75.40% in comparison to the 20-day moving average, which settled at $11.09. In addition, Redwood Trust Inc. saw 36.45% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at RWT starting from PROCTOR GEORGANNE, who sale 8,645 shares at the price of $10.04 back on Mar 03. After this action, PROCTOR GEORGANNE now owns 0 shares of Redwood Trust Inc., valued at $86,796 using the latest closing price.
Stock Fundamentals for RWT
Current profitability levels for the company are sitting at:
- -11.92 for the present operating margin
- +95.70 for the gross margin
The net margin for Redwood Trust Inc. stands at -144.64. The total capital return value is set at -0.35, while invested capital returns managed to touch -4.68.
Based on Redwood Trust Inc. (RWT), the company’s capital structure generated 816.05 points at debt to equity in total, while total debt to capital is 89.08. Total debt to assets is 87.55, with long-term debt to equity ratio resting at 768.69. Finally, the long-term debt to capital ratio is 83.91.
When we switch over and look at the enterprise to sales, we see a ratio of 23.59, with the company’s debt to enterprise value settled at 0.95. The receivables turnover for the company is 2.06 and the total asset turnover is 0.03.