Redwood Capital Bancorp (OTCMKTS:RWCB – Get Free Report)’s share price dropped 0.8% during mid-day trading on Tuesday . The company traded as low as $22.30 and last traded at $22.30. Approximately 126 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,175 shares. The stock had previously closed at $22.49.
Redwood Capital Bancorp Price Performance
The business’s 50 day moving average price is $21.85 and its 200-day moving average price is $21.67.
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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