The Real Brokerage Inc (NASDAQ:REAX) concluded the trading at $4.65 on Wednesday, December 18, with a fall of -6.63% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $4.98 and 5Y monthly beta was reading 1.518 with its price kept floating in the range of $4.58 and $5.07 on the day. Considering stock’s 52-week price range provides that REAX hit a high price of $6.75 and saw its price falling to a low level of $1.46 during that period. Over a period of past 1-month, stock came subtracting -3.93% in its value.
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With its current market valuation of $927.68 million, The Real Brokerage Inc is set to declare its quarterly results in January. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 299.38M. They suggested that in the process company could generate revenue of as low as 286.66M which could climb up to 309.79M to hit a high. The average estimate is representing an increase of 65.09% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 1.21B in current fiscal year, which will be 76.07% more from revenue generated by the company last year.
In contrast, when we review REAX stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the REAX stock which is currently positioned at 0. It further provides that stock’s current price level is -10.51% away from its 20-day simple moving average and is -12.18% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 35.83 while volatility remained at 4.94% over the past week which changes to 5.02% when measuring it over the past month. Beta is valued at 1.45, while measure of average true range or ATR is currently at 0.28.
Having a second look at The Real Brokerage Inc (NASDAQ:REAX) provides that stock’s average daily trading volume for 3 months was 701.22K, while it jumped to 792420 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 197.74 million.
The percentage of outstanding shares held by the insiders is 49.65% while it is 14.54% for the institutional holders. In November the standing of shares short improved as it was 3.16 million in the previous month. Addition of 190.63% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
