Media stories about RAIT Financial Trust (NYSE:RAS) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RAIT Financial Trust earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.461293073 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have effected Accern’s scoring:
- Examining Fresh Signals: At Home Group Inc. (HOME), RAIT Financial Trust (RAS) – Market Movers (financialqz.com)
- Rait Financial Trust (RAS) Framework on Technical Valuation – AppsforPCdaily (appsforpcdaily.com)
- Will These Stocks Remain Hot? Hi-Crush Partners LP (HCLP), RAIT Financial Trust (RAS) – Market Movers (financialqz.com)
- Hot Stock under Consideration: RAIT Financial Trust (NYSE: RAS) – Alpha Beta Stock (alphabetastock.com)
- RAIT Financial Trust Announces Expected $25 Million Gain in the Fourth Quarter from Completion of Industrial … – Business Wire (press release) (businesswire.com)
A number of equities analysts have recently weighed in on the company. FBR & Co lowered RAIT Financial Trust from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $3.00 to $1.25 in a research report on Tuesday, August 15th. Deutsche Bank lowered their target price on RAIT Financial Trust from $2.75 to $1.60 and set a “hold” rating on the stock in a research report on Tuesday, August 15th. B. Riley reissued a “neutral” rating on shares of RAIT Financial Trust in a research report on Friday, November 3rd. ValuEngine lowered RAIT Financial Trust from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research raised RAIT Financial Trust from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. RAIT Financial Trust presently has an average rating of “Hold” and a consensus target price of $1.78.
RAIT Financial Trust (RAS) traded up $0.01 during mid-day trading on Friday, hitting $0.33. The stock had a trading volume of 647,320 shares, compared to its average volume of 1,400,861. The company has a quick ratio of 8.50, a current ratio of 8.50 and a debt-to-equity ratio of 8.39. RAIT Financial Trust has a 12 month low of $0.28 and a 12 month high of $3.91.
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RAIT Financial Trust Company Profile
RAIT Financial Trust (RAIT) is a real estate investment trust (REIT). The Company focuses on providing commercial real estate (CRE) financing throughout the United States. The core of its business is a full service CRE lending platform focused on first lien loans. It offers customized lending solutions to meet borrower needs and internal credit goals.
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