Radian Group Inc. (RDN) move down -5.08% this morning: RDN Price downtrend Looks Real

Radian Group Inc. (NYSE:RDN) Relative Strength Index (RSI) is 40.09, with weekly volatility at 3.45% and ATR at 0.63. The RDN stock’s 52-week price range has touched low of $12.99 and a $25.31 high. Intraday shares traded counted 3.03 million, which was -129.32% lower than its 30-day average trading volume of 1.32M. Its shares traded lower over the last trading session, losing -5.08% on 06/18/21. The shares fell to a low of $22.22 before closing at $22.22. RDN’s previous close was $23.41 while the outstanding shares total 193.44M. The firm has a beta of 1.48, a 12-month trailing P/E ratio of 11.43, and a growth ratio of 0.58.

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Investors have identified the Insurance – Specialty company Radian Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.48 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Radian Group Inc. (RDN) Fundamentals that are to be considered.

RDN were able to record 150.96 million as free cash flow during the 07/29/2021 quarter of the year, this saw their quarterly net cash flow reduce by 29.62 million. In cash movements, the company had a total of 153.03 million as operating cash flow.

Having a look at the company’s valuation, the company is expected to record 3.05 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RDN sounds very interesting.

Is the stock of RDN attractive?

In related news, Exec. Vice President – CPO, Dickerson Mary bought 8,975 shares of the company’s stock in a transaction that recorded on May 25. The purchase was performed at an average price of 22.91, for a total value of 205,622. As the purchase deal closes, the Director, Mumford Lisa now sold 4,000 shares of the company’s stock, valued at 89,740. Also, Director, CULANG HOWARD BERNARD sold 9,962 shares of the company’s stock in a deal that was recorded on May 14. The shares were cost at an average price of 22.87 per share, with a total market value of 227,876. Following this completion of disposal, the Non-Exec Chairman of the Board, WENDER HERBERT now holds 19,158 shares of the company’s stock, valued at 439,260. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.

9 out of 11 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Radian Group Inc.. 0 analysts has assigned a Sell rating on the RDN stock. The 12-month mean consensus price target for the company’s shares has been set at $26.95.