The Real Brokerage Inc. (NASDAQ:REAX) does about 1.06M shares in volume on a normal day but saw 1193183 shares change hands in the recent trading day. The company now has a market cap of 982.80M USD. Its current market price is $5.46, marking an increase of 3.61% compared to the previous close of $5.27. The 52 week high reached by this stock is $6.11 whilst the lowest price level in 52 weeks is $1.28.
The Real Brokerage Inc. (REAX) has a 20-day trading average at $5.63 and the current price is -10.61% off the 52-week high compared with 326.56% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.84 and its 200-day simple moving average is $3.22. If we look at the stock’s price movements over the week, volatility stands at 7.06%, which decreases to 6.43% 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 52.88 to suggest the stock is neutral.
The consensus objective for the share price is $6.12, suggesting that the stock has a potential upside of 10.78% over the period.
The Real Brokerage Inc. (REAX) stock is down -8.70% over the week and 19.21% over the past month. Its price is 241.25% year-to-date and 232.93% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.02 and -0.15 for whole year. Expected sales for next quarter are $297.74M, which analysts say will come at $1.02B for the current fiscal year and next year at $1.3B. In addition, estimates put the company’s current quarterly revenue at an average of $264.46M.
To reach the target analysts have set, the stock logically needs to grow 10.78 percent from here.
Outstanding shares total 183.60M with insiders holding 22.72% of the shares and institutional holders owning 37.20% of the company’s common stock. The company has a return on investment of -142.23% and return on equity of -158.52%. The beta has a value of 1.59. Price to book ratio is 40.15 and price to sales ratio is 1.26.
