Bearish MACD for Redwood Trust
Redwood Trust, Inc.’s (RWT - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0295. The Zacks #5 Rank (“Strong Sell) stock decreased slightly to $14.89 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has decreased by a penny over the past week to $1.11 per share.
Read the full analyst report on RWT

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