The Real Brokerage Inc. (NASDAQ:REAX – Get Free Report)’s share price traded down 5.4% during mid-day trading on Monday . The stock traded as low as $5.60 and last traded at $5.60. Approximately 396,332 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 785,056 shares. The stock had previously closed at $5.92.
Real Brokerage Stock Performance
The business’s fifty day moving average is $4.87 and its 200-day moving average is $4.04. The firm has a market cap of $1.05 billion, a P/E ratio of -29.60 and a beta of 1.03.
Real Brokerage (NASDAQ:REAX – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. Real Brokerage had a negative net margin of 4.63% and a negative return on equity of 98.38%. The firm had revenue of $340.78 million during the quarter, compared to the consensus estimate of $264.06 million. During the same quarter last year, the firm earned ($0.02) earnings per share. Analysts predict that The Real Brokerage Inc. will post -0.12 EPS for the current fiscal year.
Hedge Funds Weigh In On Real Brokerage
Real Brokerage Company Profile
The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.
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