Rithm Capital Corporation’s recently made public that its 10% Owner Rithm Capital Corp. acquired Company’s shares for reported $10.0 million on Mar 04 ’25. In the deal valued at $25.00 per share,400,000 shares were bought. As a result of this transaction, Rithm Capital Corp. now holds 400,000 shares worth roughly $4.49 million.
Piper Sandler upgraded its Rithm Capital Corporation [RITM] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. B. Riley Securities began covering RITM with “Buy” recommendation on December 16, 2022. Piper Sandler revised its rating on September 30, 2022. It rated RITM as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of RITM
On Friday, Rithm Capital Corporation [NYSE:RITM] saw its stock fall -0.44% to $11.23. Over the last five days, the stock has lost -0.44%. Rithm Capital Corporation shares have risen nearly 3.69% since the year began. Nevertheless, the stocks have fallen -0.71% over the past one year. While a 52-week high of $12.19 was reached on 03/03/25, a 52-week low of $9.13 was recorded on 04/09/25. SMA at 50 days reached $11.10, while 200 days put it at $11.18.
Levels Of Support And Resistance For RITM Stock
The 24-hour chart illustrates a support level at 11.18, which if violated will result in even more drops to 11.13. On the upside, there is a resistance level at 11.33. A further resistance level may holdings at 11.42. The Relative Strength Index (RSI) on the 14-day chart is 57.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.29%. Stochastics %K at 89.27% indicates the stock is a selling.
