Checking the Overall Picture for RAIT Financial Trust (RAS)

RAIT Financial Trust (RAS) is an interesting player in the Financial space, with a focus on REIT – Diversified. The stock has been active on the tape, currently trading at $0.18, down from yesterday’s close by -1.46%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

RAIT Financial Trust (RAS) currently trades with a market capitalization of $17.70 Million. That value represents a market adjusting for revenues that have been falling by -25.83 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $6.74 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 5.72% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, RAIT Financial Trust recorded a 52-week high of $3.12. It is now trading 2.94% off that level. The stock is trading $0.28 its 50-day moving average by 0.1%. The stock carved out a 52-week low down at $0.16.

In recent action, RAIT Financial Trust (RAS) has made a move of -52.63% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.41, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.50% with $84.49 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of RAS.

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