RAIT Financial Trust (RAS) Earning Somewhat Positive Media Coverage, Study Shows

News stories about RAIT Financial Trust (NYSE:RAS) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RAIT Financial Trust earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 48.0748037648058 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

RAIT Financial Trust (RAS) traded down $0.04 during mid-day trading on Thursday, reaching $0.43. The company’s stock had a trading volume of 1,001,162 shares, compared to its average volume of 1,010,000. The company has a market cap of $40.01, a PE ratio of -0.18 and a beta of 1.99. The company has a debt-to-equity ratio of 8.39, a quick ratio of 8.50 and a current ratio of 8.50. RAIT Financial Trust has a 52-week low of $0.28 and a 52-week high of $3.91.

RAS has been the topic of several research analyst reports. Zacks Investment Research raised RAIT Financial Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 1st. B. Riley reiterated a “neutral” rating on shares of RAIT Financial Trust in a report on Friday, November 3rd. Finally, ValuEngine cut RAIT Financial Trust from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $1.78.

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About RAIT Financial Trust

RAIT Financial Trust (RAIT) is a real estate investment trust (REIT). The Company focuses on providing commercial real estate (CRE) financing throughout the United States. The core of its business is a full service CRE lending platform focused on first lien loans. It offers customized lending solutions to meet borrower needs and internal credit goals.

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