Stock To Watch: Redwood Trust, Inc. (NYSE:RWT)


The leading market experts have placed a mean price target of $15.85 on Redwood Trust, Inc. (NYSE:RWT) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.37 a share for the upcoming quarter and $1.30 for the current fiscal. Technical View The technical analysis of Redwood Trust, Inc. Common Stoc plainly substantiates that the 50-day moving average of Redwood Trust, Inc. Common Stoc is $14.00, and stock is hovering 0.36 or +2.56% distant from $14.00. It is noted that the 200-day MA is $12.77, and Redwood Trust, Inc. Common Stoc stock is $1.59 or +12.44% off from this point. Redwood Trust, Inc. (NYSE:RWT) 52-week high is $15.65 and the 52-week low is $9.26. This explains if the stock moves $-1.29, it will post a 52-week high. In event of $+55.08% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Redwood Trust, Inc. Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Redwood Trust, Inc. (NYSE:RWT) ratio came in at 12.16. The stock last ended the trading session at $14.36 and registered a market cap of $1.11B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Redwood Trust, Inc. (NYSE:RWT) PEG ratio is at 2.21.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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