Spotting A Winner: reAlpha Tech Corp (NASDAQ: AIRE) Retreats -0.94 And It Still Have Room To Run

reAlpha Tech Corp (NASDAQ:AIRE) currently has a daily average trading volume of 67.28K but it saw 234455 shares traded in last market. With a market cap of 48.16M USD, the company’s current market price of $1.05 came falling about -0.94 while comparing to the previous closing price of $1.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.25 and as low as $0.53. In the recent trading on the day, stock has struck highest price mark of $1.0301 while lowest mark touched by it was $1.23.

Taking a look at 20-day trading activity of reAlpha Tech Corp (AIRE) gives us an average price of $1.0390, while its current price level is -75.29% below from 52-week high level whereas it is 97.70% 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 $1.1358 while that of 200 days or SMA-200 reads an average of $1.1956. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.27% during that period while stretching the period over a month that decreases to 8.84%. 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 48.22 which implies that the stock is in neutral territory.

Over the week, AIRE’s stock price is moving 0.96% up while it is -7.08% when we observe its performance for the past one month. Year-to-date it is -47.24% down and over the past year, the stock is showing a downside performance of -67.69%.

Currently, reAlpha Tech Corp’s total number of outstanding shares is 44.12M. Stock’s beta reads -3.81. Stock has a price to book (P/B) ratio of 2.12.