On Monday, The Real Brokerage Inc (NASDAQ: REAX) was -8.31% drop from the session before settling in for the closing price of $6.50. A 52-week range for REAX has been $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. When this article was written, the company’s average yearly earnings per share was at 0.00%. With a float of $95.70 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward The Real Brokerage Inc stocks. The insider ownership of The Real Brokerage Inc is 51.03%, while institutional ownership is 11.08%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was less than consensus figure (set at -0.04) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.00% per share during the next fiscal year.
The Real Brokerage Inc (NASDAQ: REAX) Trading Performance Indicators
You can see what The Real Brokerage Inc (REAX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.22. 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 26.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.08 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 1.31 million. That was better than the volume of 0.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.82%. Additionally, its Average True Range was 0.34.
During the past 100 days, The Real Brokerage Inc’s (REAX) raw stochastic average was set at 75.35%, which indicates a significant increase from 56.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.92% in the past 14 days, which was higher than the 55.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.53, while its 200-day Moving Average is $4.60. However, in the short run, The Real Brokerage Inc’s stock first resistance to watch stands at $6.31. Second resistance stands at $6.66. The third major resistance level sits at $6.88. If the price goes on to break the first support level at $5.74, it is likely to go to the next support level at $5.51. Assuming the price breaks the second support level, the third support level stands at $5.16.
The Real Brokerage Inc (NASDAQ: REAX) Key Stats
There are 197,754K outstanding shares of the company, which has a market capitalization of 1.23 billion. As of now, sales total 689,160 K while income totals -27,500 K. Its latest quarter income was 340,780 K while its last quarter net income were -1,220 K.
