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Ladder Capital Corp [LADR] Investment Appeal on the Rise

In a filing, Ladder Capital Corp revealed its Chief Financial Officer Miceli Paul J. acquired Company’s shares for reported $11064.0 on Jan 16 ’24. In the deal valued at $11.14 per share,993 shares were bought. As a result of this transaction, Miceli Paul J. now holds 178,098 shares worth roughly $1.96 million.

Raymond James downgraded its Ladder Capital Corp [LADR] rating to an Outperform from a a Strong buy in a research note published on July 27, 2023; the price target was increased to $12.50 from $12. Wolfe Research revised its rating on March 02, 2021. It rated LADR as “an Outperform” which previously was an “an Underperform”.

Price Performance Review of LADR

On Tuesday, Ladder Capital Corp [NYSE:LADR] saw its stock fall -1.26% to $11.01. Over the last five days, the stock has gained 2.61%. Ladder Capital Corp shares have fallen nearly -4.34% since the year began. Nevertheless, the stocks have risen 18.51% over the past one year. While a 52-week high of $12.00 was reached on 01/29/24, a 52-week low of $9.06 was recorded on 02/13/24. SMA at 50 days reached $10.81, while 200 days put it at $10.79. A total of 0.48 million shares were traded, compared to the trading of 0.34 million shares in the previous session.

Levels Of Support And Resistance For LADR Stock

The 24-hour chart illustrates a support level at 10.95, which if violated will result in even more drops to 10.88. On the upside, there is a resistance level at 11.14. A further resistance level may holdings at 11.27. The Relative Strength Index (RSI) on the 14-day chart is 55.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.74%. Stochastics %K at 80.78% indicates the stock is a selling.

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