eXp World Holdings Inc (EXPI): Are Investors Missing The Big Picture?

eXp World Holdings Inc (NASDAQ:EXPI) does about 1.20M shares in volume on a normal day but saw 1664365 shares change hands in Monday’s trading. The company now has a market cap of 1.95B USD. Its current market price is $12.57, marking an increase of 1.62% compared to the previous close of $12.37. The 52 week high reached by this stock is $25.39 whilst the lowest price level in 52 weeks is $8.91.

eXp World Holdings Inc (EXPI) has a 20-day trading average at $10.84 and the current price is -50.49% off the 52-week high compared with 41.08% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.73 and its 200-day simple moving average is $14.30. If we look at the stock’s price movements over the week, volatility stands at 4.17%, which increases to 4.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 69.13 to suggest the stock is neutral.

The consensus objective for the share price is $11.58, suggesting that the stock has a potential downside of -8.55% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 18, 2023 when BTIG Research initiated the stock to “Sell” and issued a price target of $14.

eXp World Holdings Inc (EXPI) stock is up 5.01% over the week and 27.74% over the past month. Its price is -19.01% year-to-date and -6.33% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -8.55 percent from here.

The company has a return on investment of -11.72% and return on equity of -10.23%. The forward price to earnings ratio is 21.13. The beta has a value of 2.34. Price to book ratio is 8.75 and price to sales ratio is 0.45.