The Real Brokerage Inc. (NASDAQ:REAX) price on Thursday, July 11, rose 1.15% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.28.
A look at the stock’s price movement, the close in the last trading session was $5.22. Turning to its 52-week performance, $5.41 and $1.28 were the 52-week high and 52-week low respectively. Overall, REAX moved 22.51% over the past month.
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The Real Brokerage Inc.’s market cap currently stands at around $950.40 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that REAX is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
REAX’s current price about 25.89% and 18.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 74.03, while 7-day volatility ratio is 6.67% and 7.11% in the 30-day chart. Further, The Real Brokerage Inc. (REAX) has a beta value of 1.55, and an average true range (ATR) of 0.30.
If we refocus on The Real Brokerage Inc. (NASDAQ:REAX), historical trading data shows that trading volumes averaged 952.50K over the past 3 months. The company’s latest data on shares outstanding shows there are 183.60 million shares.
The 54.85% of The Real Brokerage Inc.’s shares are in the hands of company insiders while institutional holders own 3.55% of the company’s shares. Current price change has pushed the stock 230.00% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the REAX stock continues to rise going into the next quarter.
