reAlpha Tech (NASDAQ:AIRE – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02), Zacks reports. The company had revenue of $0.34 million during the quarter. reAlpha Tech had a negative return on equity of 46.83% and a negative net margin of 2,035.17%.
reAlpha Tech Stock Down 3.0 %
Shares of NASDAQ AIRE traded down $0.03 during mid-day trading on Thursday, hitting $0.98. The company’s stock had a trading volume of 49,185 shares, compared to its average volume of 1,020,073. The company’s fifty day simple moving average is $1.19 and its 200-day simple moving average is $1.19. reAlpha Tech has a one year low of $0.53 and a one year high of $15.90.
Analyst Ratings Changes
Separately, Maxim Group began coverage on reAlpha Tech in a research report on Friday, October 25th. They set a “buy” rating and a $3.00 target price for the company.
About reAlpha Tech
reAlpha Tech Corp., a real estate technology company, commercializes artificial intelligence (AI)-powered technologies. The company operates in two segments, Platform Services and Rental Business. The company offers and develops AI-based products and services to customers in the real-estate industry.
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