On Tuesday, The Real Brokerage Inc. (NASDAQ: REAX) opened higher 2.88% from the last session, before settling in for the closing price of $5.20. Price fluctuations for REAX have ranged from $1.28 to $6.75 over the past 52 weeks.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 186.84%. Company’s average yearly earnings per share was noted -13.33% at the time writing. With a float of $94.71 million, this company’s outstanding shares have now reached $183.60 million.
Let’s determine the extent of company efficiency that accounts for 164 employees. 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 Activity
A key investor’s attitude towards the stock of the Real Estate Services industry is another important factor to consider. The insider ownership of The Real Brokerage Inc. is 51.53%, while institutional ownership is 10.40%. The most recent insider transaction that took place on Sep 25 ’24, was worth 2,805,017. Before that another transaction happened on Sep 23 ’24, when Company’s Officer proposed sale 200 for $5.60, making the entire transaction worth $1,120.
The Real Brokerage Inc. (REAX) Earnings and Forecasts
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
Check out the current performance indicators for The Real Brokerage Inc. (REAX). In the past quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12. Likewise, its price to free cash flow for the trailing twelve months is 32.55.
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)
Looking closely at The Real Brokerage Inc. (NASDAQ: REAX), its last 5-days average volume was 0.57 million, which is a drop from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 30.44%. Additionally, its Average True Range was 0.26.
During the past 100 days, The Real Brokerage Inc.’s (REAX) raw stochastic average was set at 56.32%, which indicates a significant increase from 23.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.81% in the past 14 days, which was lower than the 52.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.82, while its 200-day Moving Average is $4.19. However, in the short run, The Real Brokerage Inc.’s stock first resistance to watch stands at $5.45. Second resistance stands at $5.56. The third major resistance level sits at $5.68. If the price goes on to break the first support level at $5.22, it is likely to go to the next support level at $5.10. Should the price break the second support level, the third support level stands at $4.99.
The Real Brokerage Inc. (NASDAQ: REAX) Key Stats
There are currently 183,606K shares outstanding in the company with a market cap of 1.05 billion. Presently, the company’s annual sales total 689,160 K according to its annual income of -27,500 K. Last quarter, the company’s sales amounted to 340,780 K and its income totaled -1,220 K.
