Ladder Capital Corp (LADR) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 7.37% to $10.93, representing a gain of $0.75 per share. Some 162,846 shares traded hands on 1,208 trades, compared with an average daily volume of 191,665 shares out of a total float of 99.35 million. The stock opened at $10.20 and traded with an intraday range of $10.95 to $10.19.
After today's gains, Ladder Capital Corp reached a market cap of $1.09 billion. Ladder Capital Corp has had a trading range between $19.66 and $8.64 over the last year, and it had a 50-day SMA of $11.82 and a 200-day SMA of $13.69.
The stock has a P/E Ratio of 10.3.
Ladder Capital Corp is an internally-managed real estate investment trust. The Company invests in loans, securities and other interests in U.S. commercial real estate, with a focus on senior secured assets.
Ladder Capital Corp is based out of New York, and has some 66 employees. Its CEO is Brian Harris.
For a complete fundamental analysis analysis of Ladder Capital Corp, check out Equities.com’s Stock Valuation Analysis report for LADR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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