Redwood Capital Bancorp (OTCMKTS:RWCB) Shares Down 1.5% – Here’s What Happened

Redwood Capital Bancorp (OTCMKTS:RWCBGet Free Report)’s stock price fell 1.5% during trading on Tuesday . The company traded as low as $21.66 and last traded at $21.66. 500 shares were traded during mid-day trading, a decline of 60% from the average session volume of 1,258 shares. The stock had previously closed at $22.00.

Redwood Capital Bancorp Price Performance

The stock’s 50 day simple moving average is $21.62 and its 200-day simple moving average is $21.35.

Redwood Capital Bancorp Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Redwood Capital Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redwood Capital Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.