Redwood Capital Bancorp (OTCMKTS:RWCB) Stock Price Up 0.1% – Here’s Why

Redwood Capital Bancorp (OTCMKTS:RWCBGet Free Report)’s stock price was up 0.1% on Thursday . The company traded as high as $21.60 and last traded at $21.60. Approximately 7,255 shares traded hands during mid-day trading, an increase of 406% from the average daily volume of 1,435 shares. The stock had previously closed at $21.57.

Redwood Capital Bancorp Price Performance

The firm’s 50-day simple moving average is $21.58 and its 200 day simple moving average is $21.54.

About Redwood Capital Bancorp

(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.

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