The Real Brokerage Inc (NASDAQ:REAX) shares, rose in value, with the stock price up by 1.08% to the previous day’s close as strong demand from buyers drove the stock to $4.67.
Actively observing the price movement in the last trading, the stock closed the session at $4.62, falling within a range of $4.5137 and $4.725. The value of beta (5-year monthly) was 1.617. Referring to stock’s 52-week performance, its high was $6.75, and the low was $3.02. On the whole, REAX has fluctuated by 4.94% over the past month.
With the market capitalization of The Real Brokerage Inc currently standing at about $952.68 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.72B, with a low estimate of 316.7M and a high estimate of 340.94M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 332.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that REAX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of REAX currently trading nearly 7.25% and -0.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.82, while the 7-day volatility ratio is showing 4.91% which for the 30-day chart, stands at 5.48%. Furthermore, The Real Brokerage Inc (REAX)’s beta value is 1.53, and its average true range (ATR) is 0.26.
A comparison of The Real Brokerage Inc (REAX) with its peers suggests the former has fared considerably weaker in the market. REAX showed an intraday change of 1.08% in last session, and over the past year, it grew by 25.20%%.
Data on historical trading for The Real Brokerage Inc (NASDAQ:REAX) indicates that the trading volumes over the past 10 days have averaged 0.97 and over the past 3 months, they’ve averaged 894.99K. According to company’s latest data on outstanding shares, there are 202.94 million shares outstanding.
Nearly 49.34% of The Real Brokerage Inc’s shares belong to company insiders and institutional investors own 15.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.77 million shares as on 2025-03-31, resulting in a short ratio of 3.39. The stock has risen by 1.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the REAX stock heading into the next quarter.
