Redwood Capital Bancorp (OTCMKTS:RWCB – Get Free Report)’s share price shot up 1.8% during trading on Tuesday . The company traded as high as $33.55 and last traded at $33.55. 321 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 2,794 shares. The stock had previously closed at $32.95.
Redwood Capital Bancorp Price Performance
The business’s 50 day moving average is $32.19 and its 200 day moving average is $31.20.
About Redwood Capital Bancorp
Redwood Capital Bancorp is the bank holding company for Redwood Capital Bank FSB, a community-oriented financial institution headquartered in Santa Rosa, California. As a federally chartered savings bank, it provides a full range of deposit and lending products to individuals, small businesses, and professional clients, with a focus on personalized service and local decision-making.
The company’s deposit portfolio includes checking and savings accounts, money market funds, and certificates of deposit, all designed to meet the needs of both personal and commercial clients.
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