News articles about RAIT Financial Trust (NYSE:RAS) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RAIT Financial Trust earned a news impact score of 0.16 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 44.7661812579485 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
RAIT Financial Trust (RAS) traded up $0.01 during mid-day trading on Friday, reaching $0.32. 1,178,900 shares of the company traded hands, compared to its average volume of 909,183. The company has a current ratio of 8.50, a quick ratio of 8.50 and a debt-to-equity ratio of 8.39. RAIT Financial Trust has a 1-year low of $0.28 and a 1-year high of $3.91.
A number of equities analysts have recently commented on RAS shares. B. Riley reiterated a “neutral” rating on shares of RAIT Financial Trust in a report on Friday, November 3rd. Zacks Investment Research upgraded shares of RAIT Financial Trust from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, ValuEngine lowered shares of RAIT Financial Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. RAIT Financial Trust currently has a consensus rating of “Hold” and a consensus price target of $1.78.
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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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