Equities research analysts at Maxim Group assumed coverage on shares of reAlpha Tech (NASDAQ:AIRE – Get Free Report) in a note issued to investors on Friday, Benzinga reports. The firm set a “buy” rating and a $3.00 price target on the stock. Maxim Group’s price objective suggests a potential upside of 172.73% from the company’s current price.
reAlpha Tech Price Performance
AIRE stock opened at $1.10 on Friday. The business has a 50 day simple moving average of $1.25 and a 200-day simple moving average of $1.17. reAlpha Tech has a twelve month low of $0.53 and a twelve month high of $93.88.
reAlpha Tech (NASDAQ:AIRE – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.03) earnings per share for the quarter. reAlpha Tech had a negative return on equity of 11.94% and a negative net margin of 1,259.42%. The business had revenue of $0.06 million for the quarter.
Institutional Trading of reAlpha Tech
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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