The Real Brokerage Inc. (NASDAQ:REAX – Get Free Report)’s share price traded down 5.4% on Monday . The stock traded as low as $5.60 and last traded at $5.60. 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 Price Performance
The company has a fifty day moving average price of $4.95 and a 200 day moving average price of $4.10. The company has a market capitalization of $1.09 billion, a P/E ratio of -29.75 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, topping the consensus estimate of ($0.02) by $0.01. The company had revenue of $340.78 million during the quarter, compared to the consensus estimate of $264.06 million. Real Brokerage had a negative return on equity of 81.21% and a negative net margin of 3.55%. During the same quarter in the prior year, the company posted ($0.02) EPS. On average, equities research analysts predict that The Real Brokerage Inc. will post -0.12 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
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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