How High Can Redwood Trust, Inc. (RWT) Reach?

Redwood Trust, Inc. (RWT) has seen some recent movement in the stock market and its stock were last quoted at $3.9000 yesterday. People are starting to take notice of RWT as the stock traded as high as $3.9100 and as low as $3.3000 in the prior market trading session.

Redwood Trust, Inc. (RWT) average trading volume is 5.10M. However, in the prior market trading session Redwood Trust, Inc. (RWT) exchanged 4,621,754 shares. The 1st support level on RWT is $2.58 and the 1st upside resistance level on RWT is $17.74. RWT 50-day moving average is $3.8651 and RWT two hundred day moving average is $12.9047.

Redwood Trust, Inc. (RWT) most current performance has been shown by the recent movement in RWT stock. RWT has performed 12.39% over the past month, RWT has performed -78.15% over the past 3 months and RWT has shown -75.88% over the past 1 year. Redwood Trust, Inc. (RWT) has a 52 week range of $2.1400 to $18.0100. Redwood Trust, Inc. (RWT) is trading 82.24% from its 52 week low and -78.35% from its 52 week high. Redwood Trust, Inc. (RWT) is indicating a 8.49% short float indicating the quantity short in the float.

RWT has 116.74M shares outstanding and 113.16M shares in the float. Redwood Trust, Inc. (RWT) presently has a market cap of $455.29M and income of $164.40M. The EPS next quarter for RWT is 0.20 and anticipated EPS net year is -7.06%. The market cap of Redwood Trust, Inc. (RWT) at $455.29M signifies how many People own shares of RWT and is based off the last price ($3.9000) of RWT and the quantity of shares outstanding (116.74M) with Redwood Trust, Inc. (RWT).

Redwood Trust, Inc. (RWT) has total cash (mrq) of 378M, total cash per share (mrq) of 3.29, total debt of RWT stands at 11.26B and total debt/equity (mrq) is 1,552.83.

RWT is trading 4.47% above (bullish) its SMA20, -35.67% below (bearish) its SMA50 and -72.37% below (bearish) its SMA200.