Radian Group (RDN) : During the past 4 weeks, traders have been relatively bearish on Radian Group (RDN), hence the stock is down -2.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.55% relative to the S&P 500. The 4-week change in the price of the stock is -2.94% and the stock has fallen -1.38% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 1.95%.The 200 Day SMA reached 12.11%
Radian Group (NYSE:RDN): After opening at $13.62, the stock dipped to an intraday low of $13.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.725 and the buying power remained strong till the end. The stock closed at $13.55 for the day, a gain of 0.15% for the day session. The total traded volume was 1,612,654. The stocks close on the previous trading day was $13.55.
Radian Group (RDN) : The most positive equity analysts on Radian Group (RDN) expects the shares to touch $17, whereas, the least positive believes that the stock will trade at $12 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $15.42 with an expected fluctuation of $1.69 from the mean.
Radian Group Inc. provides mortgage insurance on domestic residential First-liens and other products and services. The Company operates in two business segments: mortgage insurance and MRES. The mortgage insurance segment provides credit-related insurance coverage, principally through private mortgage insurance, to mortgage lending institutions. The Company conducts mortgage insurance business primarily through Radian Guaranty, the Companys principal mortgage insurance subsidiary. The MRES segment provides services and solutions to the mortgage and real estate industries primarily through Clayton. The Company also provides direct insurance and reinsurance on credit-based risks through Radian Asset Assurance, its principal financial guaranty subsidiary that is a wholly owned subsidiary of Radian Guaranty. Its customers are mortgage originators, such as mortgage bankers, mortgage brokers, commercial banks, savings institutions, credit unions and community banks.