RAIT Financial Trust is an internally managed real estate investment trust. The Trust 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.
Over the past year, RAIT Financial Trust has traded in a range of $1.50 to $7.31 and is now at $3.92, 161% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has declined 2.8%.
Potential upside of 91.3% exists for RAIT Financial Trust, based on a current level of $3.92 and analysts' average consensus price target of $7.50. The stock should discover initial support at its 50-day moving average (MA) of $3.75 and subsequent support at its 200-day MA of $3.21.
For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
I am impress this post. It's provide many way to invest your money. That's nice to give a current position of different share exchange.
ReplyDeleteBoerne real estate