Real Brokerage (TSE:REAX) Trading Down 5.1% – Here’s What Happened

The Real Brokerage Inc. (TSE:REAX)’s stock price dropped 5.1% on Monday . The stock traded as low as C$2.19 and last traded at C$2.42. Approximately 4,277 shares were traded during trading, a decline of 76% from the average daily volume of 18,178 shares. The stock had previously closed at C$2.55.

Real Brokerage Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.27 and a current ratio of 1.14. The firm has a market cap of C$435.92 million, a price-to-earnings ratio of -14.24 and a beta of 0.74. The firm’s fifty day moving average price is C$2.42.

Insider Activity

In other Real Brokerage news, Senior Officer Michelle Catherine Ressler sold 12,280 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$6.00, for a total value of C$73,680.00. In other Real Brokerage news, Senior Officer Michelle Catherine Ressler sold 12,280 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$6.00, for a total value of C$73,680.00. Also, Director Tamir Poleg sold 5,327 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of C$8.84, for a total value of C$47,104.00. Insiders have sold 141,603 shares of company stock worth $933,764 in the last 90 days. Corporate insiders own 18.47% of the company’s stock.

About Real Brokerage

The Real Brokerage Inc, together with its subsidiaries, operates as a technology-powered real estate brokerage company. It offers brokerage services for the real estate market through a network of agents. The company provides agents a mobile focused tech-platform to run the business. It operates in the United States, the District of Columbia, and Canada.