What Technical Analysis say About RAIT Financial Trust (NYSE:RAS)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of RAIT Financial Trust (NYSE:RAS) for the period of 9-Day stands at 16.77% while the stochastic %D for the same period stands at 10.37%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of RAIT Financial Trust (NYSE:RAS) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for RAIT Financial Trust (NYSE:RAS) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently RAIT Financial Trust (NYSE:RAS)’s 20-Day Bollinger Band indicates “Hold”.

About Company

RAIT Financial Trust is an internally-managed real estate investment trust. It provides debt financing options to owners of commercial real estate and invests directly into commercial real estate properties located throughout the United States. RAIT originates secured and unsecured credit facilities including bridge and mezzanine loans, preferred equity investments, trust preferred securities and subordinated debt for private and corporate owners of commercial real estate, REITs, and real estate operating companies and their intermediaries. The Company is also an asset and property manager of real estate-related assets. RAIT Investment Trust is based in Philadelphia, Pennsylvania.

Previous Day Activity Analysis

On the last trading day, RAIT Financial Trust (NYSE:RAS) opened the session at $0.57 and after going up 7.2% closed at $0.57. The stock gained 0 points in the last trade.

RAIT Financial Trust (NYSE:RAS)’s stock fluctuated in the range of $0.520 and $0.580 during the previous active session. RAIT Financial Trust (NYSE:RAS) traded with the volume of 1.78 Million with average volume of 1.46 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.73 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.06 and 34.05 respectively.

Currently the Insider Ownership of the shares of RAIT Financial Trust (NYSE:RAS) is at 1.9% and the shares outstanding are 99.34 Million.

Important Ratio Analysis

Some important ratios to consider here for RAIT Financial Trust (NYSE:RAS) are discussed below:

Dividend yield of RAIT Financial Trust (NYSE:RAS) stands at 56.14% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 0.33 and 0.25 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0.63 and 1.27 correspondingly.

The Quick Ratio of RAIT Financial Trust (NYSE:RAS) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of RAIT Financial Trust (NYSE:RAS) is at -5.3% whereas, Return on Equity ROE and Return of Investment ROI of RAIT Financial Trust (NYSE:RAS) stand at -43.7% and -4% respectively.

Stock Performance Analysis

The stock performance of RAIT Financial Trust (NYSE:RAS) on the basis of 5 day trade show the dip of -13.22% whereas, the monthly performance of the stock shows decrease of -6.89%.

The quarterly performance of the stock remained in red zone with the value of -72.2% while six month performance of the shares of RAIT Financial Trust (NYSE:RAS) remained bearish with the count of -81.43%.

The yearly and YTD performance of RAIT Financial Trust (NYSE:RAS) remained down at -81.37% and -83.04% respectively.