The Real Brokerage Inc. (NASDAQ:REAX – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $6.21 and last traded at $6.19, with a volume of 1243523 shares trading hands. The stock had previously closed at $5.95.
Real Brokerage Trading Up 2.5 %
The firm’s 50 day simple moving average is $4.95 and its 200 day simple moving average is $4.10. The firm has a market cap of $1.12 billion, a PE ratio of -29.75 and a beta of 1.03.
Real Brokerage (NASDAQ:REAX – Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Real Brokerage had a negative return on equity of 81.21% and a negative net margin of 3.55%. The company had revenue of $340.78 million for the quarter, compared to the consensus estimate of $264.06 million. During the same period in the previous year, the business earned ($0.02) earnings per share. As a group, equities research analysts predict that The Real Brokerage Inc. will post -0.12 earnings per share for the current fiscal year.
Institutional Investors 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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