Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $5.00 in the prior trading day, Ready Capital Corp (NYSE: RC) closed at $5.36, up 7.20%. In other words, the price has increased by $7.20 from its previous closing price. On the day, 4.39 million shares were traded.
Ratios:
Our goal is to gain a better understanding of RC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 4.16 whereas as Long-Term Debt/Eq ratio is at 4.00.
On January 07, 2025, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $12 to $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’25 when Capasse Thomas E bought 90,000 shares for $4.99 per share. The transaction valued at 449,100 led to the insider holds 409,925 shares of the business.
Capasse Thomas E bought 10,000 shares of RC for $47,980 on Mar 05 ’25. The CEO and CIO now owns 319,925 shares after completing the transaction at $4.80 per share. On May 24 ’24, another insider, NATHAN GILBERT E, who serves as the Director of the company, bought 10,000 shares for $8.29 each. As a result, the insider paid 82,860 and bolstered with 95,249 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.51.
Stock Price History:
Over the past 52 weeks, RC has reached a high of $9.53, while it has fallen to a 52-week low of $4.74. The 50-Day Moving Average of the stock is -19.26%, while the 200-Day Moving Average is calculated to be -29.76%.
Shares Statistics:
A total of 162.79M shares are outstanding, with a floating share count of 161.02M. Insiders hold about 1.30% of the company’s shares, while institutions hold 66.04% stake in the company.
