A new trading day began on Friday, with RE/MAX Holdings Inc (NYSE: RMAX) stock price down -7.27% from the previous day of trading, before settling in for the closing price of $12.24. RMAX’s price has ranged from $6.94 to $13.70 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 10.06%. Meanwhile, its annual earnings per share averaged -6.71%. With a float of $16.85 million, this company’s outstanding shares have now reached $18.27 million.
The extent of productivity of a business whose workforce counts for 544 workers is very important to gauge. In terms of profitability, gross margin is 64.21%, operating margin of 14.43%, and the pretax margin is -2.39%.
RE/MAX Holdings Inc (RMAX) Insider and Institutional Ownership
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 RE/MAX Holdings Inc is 10.65%, while institutional ownership is 86.70%. The most recent insider transaction that took place on Jul 01 ’24, was worth 208,780. In this transaction 10% Owner of this company bought 26,000 shares at a rate of $8.03, taking the stock ownership to the 3,150,152 shares. Before that another transaction happened on Jul 02 ’24, when Company’s 10% Owner bought 522 for $7.92, making the entire transaction worth $4,134. This insider now owns 3,150,674 shares in total.
RE/MAX Holdings Inc (RMAX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -6.71% per share during the next fiscal year.
RE/MAX Holdings Inc (NYSE: RMAX) Trading Performance Indicators
Here are RE/MAX Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06. Likewise, its price to free cash flow for the trailing twelve months is 7.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of RE/MAX Holdings Inc (RMAX)
The latest stats from [RE/MAX Holdings Inc, RMAX] show that its last 5-days average volume of 0.36 million was superior to 0.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.40%. Additionally, its Average True Range was 0.61.
During the past 100 days, RE/MAX Holdings Inc’s (RMAX) raw stochastic average was set at 59.97%, which indicates a significant increase from 41.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.90% in the past 14 days, which was lower than the 54.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.93, while its 200-day Moving Average is $9.55. Now, the first resistance to watch is $11.93. This is followed by the second major resistance level at $12.52. The third major resistance level sits at $13.31. If the price goes on to break the first support level at $10.56, it is likely to go to the next support level at $9.77. The third support level lies at $9.18 if the price breaches the second support level.
RE/MAX Holdings Inc (NYSE: RMAX) Key Stats
With a market capitalization of 330.65 million, the company has a total of 18,857K Shares Outstanding. Currently, annual sales are 325,670 K while annual income is -69,020 K. The company’s previous quarter sales were 78,450 K while its latest quarter income was 3,710 K.
