Redwood Trust, Inc. stock performance trend indicates that the stock price has rallied 7.46% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.03% . Looking at the past 52 week period, the stock price is up at 29.07% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Redwood Trust, Inc. has a positive value of 19.6 compared to overall market.Redwood Trust, Inc. is having a Relative Strength Index of 60.66 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Redwood Trust, Inc. (NYSE:RWT) rallied by 2.37% during the past week but lost 2.38% on a 4-week basis. The company has outperformed the S&P 500 by 2.12% in the past week but underperformed the index by 3.49% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Redwood Trust, Inc. (NYSE:RWT) : On Friday heightened volatility was witnessed in Redwood Trust, Inc. (NYSE:RWT) which led to swings in the share price. The stock opened for trading at $16.3 and hit $16.44 on the upside , eventually ending the session at $16.43, with a gain of 0.98% or 0.16 points. The heightened volatility saw the trading volume jump to 1,348,783 shares. The 52-week high of the share price is $17.05 and the company has a market cap of $1,264 million. The 52-week low of the share price is at $11.8112 .
Company has reported several Insider transactions to the SEC, on May 17, 2016, Mariann H Byerwalter (director) sold 9,759 shares at 13.27 per share price.On May 3, 2016, Christopher J Abate (CFO, Executive Vice President) sold 7,622 shares at 12.79 per share price.On May 3, 2016, Richard Baum (director) sold 3,903 shares at 12.79 per share price.
Redwood Trust Last issued its quarterly earnings results on Feb 23, 2017. The company reported $0.33 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.38.Analysts expectations of $ 37.07.During the same quarter in the previous year, the company posted $0.46 EPS.
REDWOOD TRUST INC. is a self-advised and self-managed real estate investment trust. It specializes in acquiring and managing real estate mortgage assets which may be acquired as whole loans or as mortgage securities reperesenting interest in or obligations backed by pools of mortgage loans.