Overall market sentiment has been neutral on Ready Capital Corp (RC) stock lately. RC receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With RC Stock Today?
Ready Capital Corp (RC) stock is up 3.51% while the S&P 500 is down -0.12% as of 2:04 PM on Tuesday, Jun 15. RC has gained $0.55 from the previous closing price of $15.65 on volume of 465,138 shares. Over the past year the S&P 500 has gained 38.59% while RC has gained 102.25%. RC earned $2.21 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.32.
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More About Ready Capital Corp
Ready Capital Corp is a real estate finance company. It acquires, manages, originates and finances small balance commercial loans to purchase small multi-family, office, retail, mixed-use or warehouse properties. The company's segments consist of Loan Acquisitions, SBC Originations, SBA Originations, Acquisitions and Servicing, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.
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