Shares of Redwood Capital Bancorp (OTCMKTS:RWCB – Get Free Report) dropped 1.5% during trading on Tuesday . The company traded as low as $21.66 and last traded at $21.66. Approximately 500 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 1,258 shares. The stock had previously closed at $22.00.
Redwood Capital Bancorp Stock Up 0.2 %
The business has a 50 day simple moving average of $21.62 and a 200-day simple moving average of $21.35.
About Redwood Capital Bancorp
Redwood Capital Bancorp operates as the bank holding company for Redwood Capital Bank that provides various banking products and services to individuals and businesses in California. The company accepts checking, savings, and money market accounts, as well as certificates of deposit. It also offers real estate loans, home equity lines of credit, construction and development loans, term loans for machinery and equipment, and lines of credit for working capital, as well as industrial, agricultural, and personal credits.
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