The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ready Capital Corp shares valued at $449,100 were purchased by Capasse Thomas E on Mar 06 ’25. At $4.99 per share, Capasse Thomas E acquired 90,000 shares. The insider’s holdings grew to 409,925 shares worth approximately $2.05 million following the completion of this transaction.
Also, Capasse Thomas E purchased 10,000 shares, netting a total of over 47,980 in proceeds. Following the buying of shares at $4.80 each, the insider now holds 319,925 shares.
Before that, NATHAN GILBERT E had added 10,000 shares to its account. In a trade valued at $82,860, the Director bought Ready Capital Corp shares for $8.29 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $0.48 million.
As published in a research note from Citizens JMP on March 03, 2025, Ready Capital Corp [RC] has been rated down from a Mkt outperform to a Mkt perform. Analysts at B. Riley Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. Earlier on May 10, 2024, Ladenburg Thalmann downgraded its rating. Their new recommendation was “a Neutral” for RC stock which previously was a “a Buy”.
Analyzing RC Stock Performance
During the last five days, there has been a drop of approximately -26.47%. Over the course of the year, Ready Capital Corp shares have dropped approximately -26.69%. Shares of the company reached a 52-week high of $7.14 on 01/17/25 and a 52-week low of $4.74 on 03/04/25. A 50-day SMA is recorded $6.68, while a 200-day SMA reached $7.65.
Support And Resistance Levels for Ready Capital Corp (RC)
According to the 24-hour chart, there is a support level at 4.88, which, if violated, would cause prices to drop to 4.75. In the upper region, resistance lies at 5.10. The next price resistance is at 5.20. RSI (Relative Strength Index) is 21.67 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.33, which suggests the price will decrease in the coming days. Percent R is at 88.65%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
