Redwood Capital Bancorp (OTCMKTS:RWCB – Get Free Report)’s share price dropped 1.2% on Tuesday . The company traded as low as $21.52 and last traded at $21.52. Approximately 637 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 1,301 shares. The stock had previously closed at $21.79.
Redwood Capital Bancorp Stock Down 1.2 %
The firm’s 50-day simple moving average is $21.71 and its 200-day simple moving average is $21.46.
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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