Redwood Trust Inc. (RWT) was one of the Russell 2000's biggest losers for Wednesday January 20 as the stock slid 6.28% to $10.44, a loss of $-0.7 per share. Starting at an opening price of $11.00 a share, the stock traded between $10.06 and $11.00 over the course of the trading day. Volume was 1.1 million shares over 5,898 trades, against an average daily volume of 633,804 shares and a total float of 82.12 million.
The losses send Redwood Trust Inc. down to a market cap of $857.38 million. In the last year, Redwood Trust Inc. has traded between $20.43 and $10.95, and its 50-day SMA is currently $13.10 and 200-day SMA is $14.49.
The stock has a P/E Ratio of 11.1.
Redwood Trust Inc operates as a real estate investment trust. The Company together with its subsidiaries is engaged in investing in mortgage- and other real estate-related assets and engaging in residential and commercial mortgage banking activities.
Redwood Trust Inc. is based out of Mill Valley, CA and has some 221 employees. Its CEO is Martin S. Hughes.
For a complete fundamental analysis analysis of Redwood Trust Inc., check out Equities.com’s Stock Valuation Analysis report for RWT. 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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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