Rait Financial Trust (NYSE:RAS) shares traded -4.54% down during most recent session to reach at the closing price of $0.88. The stock exchanged hands 3.06 Million shares versus average trading capacity of 921.39 Million shares, yielding a market cap of $85.41 Million. Wall Street analysts covering the stock are projecting that the stock will reach $1.28 within the next 52-weeks. The mean target projections are based on 3 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Rait Financial Trust (NYSE:RAS) high price target of $1.6 and with a conservative view have low price target of $1.

FBR Capital “Downgrades” Rait Financial Trust (NYSE:RAS) in a research note issued to investors on 8/16/17 to Neutral with price target of $0.

Additionally on 8/15/17 Deutsche Bank “Maintained” Rait Financial Trust (NYSE:RAS) to Hold setting price target at $1.6 and on 8/09/17 JMP Securities “Downgrades” the stock to Market Underperform at $0. Furthermore on 3/02/17 Deutsche Bank “Downgrades” the stock to Hold at $0.

On the other hand the company has Relative Strength Index (RSI 14) of 17.18 along with Average True Range (ATR 14) of 0.1, Consequently Rait Financial Trust (NYSE:RAS)’s weekly and monthly volatility is 6.62%, 8.37% respectively. The company’s beta value is at 1.83.

In terms of Buy, Sell or Hold recommendations, Rait Financial Trust (NYSE:RAS) has analysts’ mean recommendation of 3.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Rait Financial Trust (NYSE:RAS)’s minimum EPS for the current quarter is at $-0.09 and can go high up to $-0.06. The consensus mean EPS for the current quarter is at $-0.08 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0 earnings per share for the same quarter during last year.

Previously Rait Financial Trust (NYSE:RAS) reported $-1.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $-1.4. The company posted an earnings surprise of -7000%.

Rait Financial Trust (NYSE:RAS)’s revenue estimates for the current quarter are $16.97 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $17.35 Million in contradiction of low revenue estimates of $16.6 Million. For the current year the company’s revenue estimates are $67.39 Million compared to low analyst estimates of $67.1 Million and high estimates of $67.69 Million according to 2 number of analysts.

Currently Rait Financial Trust (NYSE:RAS)’s shares owned by insiders are 1.9%, whereas shares owned by institutional owners are 60.9%. However the six-month change in the insider ownership was recorded 3.17%, as well as three-month change in the institutional ownership was recorded -1.08%.

Rait Financial Trust (NYSE:RAS) 52-week high price stands at $3.91 and low price stands at $0.91, its price distance from 52-week high is -77.62% while its distance from 52-week low price is -4.22%. The stock hit its 52-week high on 02/16/17, and 52-week low on 08/25/17.

Rait Financial Trust (NYSE:RAS)’s trailing twelve month revenues are $169.1 Million, whereas its price to sales ratio for the same period is 0.51. Its book value per share for the most recent quarter is $2.27 while its price to book ratio for the same period is 0.39, as for as the company’s cash per share for the most recent quarter is $0.91, however its price to cash per share ratio for the same period is 0.96. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.