A new trading day began on Monday, with The Real Brokerage Inc. (NASDAQ: REAX) stock price up 5.07% from the previous day of trading, before settling in for the closing price of $5.13. REAX’s price has ranged from $1.28 to $6.75 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales surged by 186.84% over the last five years. Meanwhile, its annual earnings per share averaged -13.33%. With a float of $95.61 million, this company’s outstanding shares have now reached $183.60 million.
The firm has a total of 164 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Real Estate Services Industry. The insider ownership of The Real Brokerage Inc. is 51.07%, while institutional ownership is 10.60%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.02 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
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
Here are The Real Brokerage Inc.’s current performance indicators. According to the last quarter’s results, the 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 1.12. Likewise, its price to free cash flow for the trailing twelve months is 32.79.
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)
Analysing the last 5-days average volume posted by the [The Real Brokerage Inc., REAX], we can find that recorded value of 0.45 million was lower than the volume posted last year of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 39.81%. Additionally, its Average True Range was 0.24.
During the past 100 days, The Real Brokerage Inc.’s (REAX) raw stochastic average was set at 57.57%, which indicates a significant decrease from 75.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.64% in the past 14 days, which was lower than the 51.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.66, while its 200-day Moving Average is $4.44. Now, the first resistance to watch is $5.53. This is followed by the second major resistance level at $5.67. The third major resistance level sits at $5.87. If the price goes on to break the first support level at $5.19, it is likely to go to the next support level at $4.99. Now, if the price goes above the second support level, the third support stands at $4.85.
The Real Brokerage Inc. (NASDAQ: REAX) Key Stats
With a market capitalization of 1.05 billion, the company has a total of 183,606K Shares Outstanding. Currently, annual sales are 689,160 K while annual income is -27,500 K. The company’s previous quarter sales were 340,780 K while its latest quarter income was -1,220 K.
