The Real Brokerage Inc. (REAX) Down -8.58% From Its 52-Week High, But Growth Potential Is Changing Over Time

The Real Brokerage Inc. (NASDAQ:REAX) currently has a daily average trading volume of 1.11M but it saw 844667 shares traded in last market. With a market cap of 1.15B USD, the company’s current market price of $6.07 came falling about -1.14 while comparing to the previous closing price of $6.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.64 and as low as $1.28. In the recent trading on the day, stock has struck highest price mark of $6.03 while lowest mark touched by it was $6.39.

Taking a look at 20-day trading activity of The Real Brokerage Inc. (REAX) gives us an average price of $5.89, while its current price level is -8.58% below from 52-week high level whereas it is 374.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.19 while that of 200 days or SMA-200 reads an average of $3.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.43% during that period while stretching the period over a month that increases to 6.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.48 which implies that the stock is in neutral territory.

Over the week, REAX’s stock price is moving -0.49% down while it is 5.93% when we observe its performance for the past one month. Year-to-date it is 279.38% up and over the past year, the stock is showing an upside performance of 233.52%.

Currently, The Real Brokerage Inc.’s total number of outstanding shares is 183.60M. Company’s return on investment (ROI) stands at -108.95% and return on equity (ROE) at -127.98%. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 38.63 while price to sale or P/S ratio amounts to 1.23. Its return on asset (ROA) is -35.84% on average.