Investors Getting Picky When It Comes To Buying The Real Brokerage Inc (REAX)

The Real Brokerage Inc (NASDAQ:REAX) does about 694.69K shares in volume on a normal day but saw 1035088 shares change hands in the recent trading day. The company now has a market cap of 993.51M USD. Its current market price is $4.98, marking a decrease of -0.99% compared to the previous close of $5.03. The 52 week high reached by this stock is $6.75 whilst the lowest price level in 52 weeks is $1.46.

The Real Brokerage Inc (REAX) has a 20-day trading average at $5.21 and the current price is -26.22% off the 52-week high compared with 241.10% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.31 and its 200-day simple moving average is $4.88. If we look at the stock’s price movements over the week, volatility stands at 3.48%, which increases to 4.79% 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 42.52 to suggest the stock is neutral.

The consensus objective for the share price is $7.50, suggesting that the stock has a potential upside of 33.6% over the period.

The current price level is -4.44%, -6.20%, and 1.99% away from its SMA20, SMA50, and SMA200 respectively, with the REAX price moving above the 50-day SMA on current market day. The Real Brokerage Inc (REAX) stock is down -2.16% over the week and 0.61% over the past month. Its price is 211.25% year-to-date and 201.82% over the past year.

To reach the target analysts have set, the stock logically needs to grow 33.6 percent from here.

The company has a return on investment of -106.91% and return on equity of -117.03%. The beta has a value of 1.45. Price to book ratio is 33.04 and price to sales ratio is 0.91.