Ready Capital Corp’s recent filing unveils that its Chief Financial Officer Ahlborn Andrew acquired Company’s shares for reported $50395.0 on Mar 12 ’25. In the deal valued at $5.04 per share,10,000 shares were bought. As a result of this transaction, Ahlborn Andrew now holds 310,808 shares worth roughly $1.54 million.
Then, NATHAN GILBERT E bought 5,000 shares, generating $25,590 in total proceeds. Upon buying the shares at $5.12, the Director now owns 118,106 shares.
Before that, Taylor Gary bought 10,000 shares. Ready Capital Corp shares valued at $52,300 were divested by the Chief Operating Officer at a price of $5.23 per share. As a result of the transaction, Taylor Gary now holds 211,097 shares, worth roughly $1.05 million.
Citizens JMP downgraded its Ready Capital Corp [RC] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Ladenburg Thalmann revised its rating on May 10, 2024. It rated RC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RC
On Friday, Ready Capital Corp [NYSE:RC] saw its stock fall -1.58% to $4.97. Over the last five days, the stock has lost -1.19%. Ready Capital Corp shares have fallen nearly -27.13% since the year began. Nevertheless, the stocks have fallen -44.96% over the past one year. While a 52-week high of $9.53 was reached on 01/17/25, a 52-week low of $4.74 was recorded on 03/04/25. SMA at 50 days reached $6.08, while 200 days put it at $7.38.
Levels Of Support And Resistance For RC Stock
The 24-hour chart illustrates a support level at 4.88, which if violated will result in even more drops to 4.78. On the upside, there is a resistance level at 5.08. A further resistance level may holdings at 5.18. The Relative Strength Index (RSI) on the 14-day chart is 34.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.43%. Stochastics %K at 25.78% indicates the stock is a holding.
How much short interest is there in Ready Capital Corp?
A steep rise in short interest was recorded in Ready Capital Corp stocks on 2025-03-14, growing by 1.01 million shares to a total of 26.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 25.23 million shares. There was a rise of 3.85%, which implies that there is a positive sentiment for the stock.
