Ready Capital Corp (NYSE:RC) currently has a daily average trading volume of 3.20M but it saw 3211294 shares traded in last market. With a market cap of 751.94M USD, the company’s current market price of $4.41 came rising about 3.76 while comparing to the previous closing price of $4.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.53 and as low as $3.92.
Taking a look at 20-day trading activity of Ready Capital Corp (RC) gives us an average price of $4.39, while its current price level is -53.75% below from 52-week high level whereas it is 12.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.69 while that of 200 days or SMA-200 reads an average of $6.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.67% during that period while stretching the period over a month that decreases to 4.01%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.27 which implies that the stock is in neutral territory.
B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 07, 2025 while assigning a price target range of $12-$10.
Over the week, RC’s stock price is moving 0.68% up while it is -0.90% when we observe its performance for the past one month. Year-to-date it is -35.34% down and over the past year, the stock is showing a downside performance of -48.60%.
Currently, Ready Capital Corp’s total number of outstanding shares is 172.51M with 1.09% of that held by the insiders while 62.03% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.25% and return on equity (ROE) at -12.42%. It has a 7.55 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 0.42 while price to sale or P/S ratio amounts to 0.91. Its return on asset (ROA) is -2.46% on average.
