Are Analysts Too Bullish On The Real Brokerage Inc. (REAX)

The Real Brokerage Inc. (NASDAQ:REAX) currently has a daily average trading volume of 1.16M but it saw 995443 shares traded in last market. With a market cap of 1.11B USD, the company’s current market price of $5.69 came falling about -2.40 while comparing to the previous closing price of $5.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.75 and as low as $1.28. In the recent trading on the day, stock has struck highest price mark of $5.605 while lowest mark touched by it was $5.9.

Taking a look at 20-day trading activity of The Real Brokerage Inc. (REAX) gives us an average price of $6.15, while its current price level is -15.70% below from 52-week high level whereas it is 344.53% 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 $5.60 while that of 200 days or SMA-200 reads an average of $3.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.57% during that period while stretching the period over a month that increases to 6.03%. 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 43.33 which implies that the stock is in neutral territory.

Over the week, REAX’s stock price is moving -12.06% down while it is 4.21% when we observe its performance for the past one month. Year-to-date it is 255.62% up and over the past year, the stock is showing an upside performance of 207.57%.

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 1.55. Stock has a price to book (P/B) ratio of 36.21 while price to sale or P/S ratio amounts to 1.19. Its return on asset (ROA) is -35.84% on average.