The Real Brokerage Inc. (NASDAQ: REAX) kicked off on Friday, up 3.20% from the previous trading day, before settling in for the closing price of $5.63. Over the past 52 weeks, REAX has traded in a range of $1.28-$6.75.
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A company in the Real Estate sector has jumped its sales by 186.84% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -13.33%. With a float of $95.28 million, this company’s outstanding shares have now reached $183.60 million.
In an organization with 164 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 9.17%, operating margin of -2.38%, and the pretax margin is -3.53%.
The Real Brokerage Inc. (REAX) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Real Estate Services Industry. The insider ownership of The Real Brokerage Inc. is 51.24%, while institutional ownership is 10.03%. The most recent insider transaction that took place on Sep 27 ’24, was worth 675,600. Before that another transaction happened on Sep 27 ’24, when Company’s Director proposed sale 60,000 for $5.48, making the entire transaction worth $328,800.
The Real Brokerage Inc. (REAX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.33% per share during the next fiscal year.
The Real Brokerage Inc. (NASDAQ: REAX) Trading Performance Indicators
Take a look at The Real Brokerage Inc.’s (REAX) current performance indicators. Last quarter, stock had a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 35.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of The Real Brokerage Inc. (REAX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was inferior than the volume of 0.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.57%. Additionally, its Average True Range was 0.29.
During the past 100 days, The Real Brokerage Inc.’s (REAX) raw stochastic average was set at 71.43%, which indicates a significant increase from 35.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.41% in the past 14 days, which was lower than the 60.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.77, while its 200-day Moving Average is $3.84. However, in the short run, The Real Brokerage Inc.’s stock first resistance to watch stands at $5.92. Second resistance stands at $6.02. The third major resistance level sits at $6.21. If the price goes on to break the first support level at $5.63, it is likely to go to the next support level at $5.44. Assuming the price breaks the second support level, the third support level stands at $5.34.
The Real Brokerage Inc. (NASDAQ: REAX) Key Stats
The company with the Market Capitalisation of 1.14 billion has total of 183,606K Shares Outstanding. Its annual sales at the moment are 689,160 K in contrast with the sum of -27,500 K annual income. Company’s last quarter sales were recorded 340,780 K and last quarter income was -1,220 K.
