Radian Group (RDN) : Radian Group (RDN) had a healthy money flow of $3.2 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $4 million, whereas, investors only sold shares worth $0.8 million on downticks. The stock closed the day with an up-down ratio of 5.02.The money flow in the block trades to the tune of $3.25 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $3.25 million worth of transactions were on upticks. Radian Group (RDN) stock slid $0.03 intraday and traded at 13.52, a change of -0.22% over previous days close. However, for the week, the company shares are -1.6% compared to previous weeks close.
Shares of Radian Group Inc. rose by 0.37% in the last five trading days and 0.15% for the last 4 weeks. Radian Group Inc. is up 38.96% in the last 3-month period. Year-to-Date the stock performance stands at 2.69%.
Radian Group (RDN) has an average broker rating of 1.63, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Radian Group (NYSE:RDN): The stock opened at $13.53 and touched an intraday high of $13.76 on Wednesday. During the day, the stock corrected to an intraday low of $13.43, however, the bulls stepped in and pushed the price higher to close in the green at $13.74 with a gain of 1.40% for the day. The total traded volume for the day was 1,539,524. The stock had closed at $13.55 in the previous trading session.
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.