The Real Brokerage Inc (NASDAQ: REAX) is -2.83% lower on its value in year-to-date trading and has touched a low of $3.55 and a high of $6.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The REAX stock was last observed hovering at around $4.23 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $4.47, the stock is -0.35% and -0.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 5.67% at the moment leaves the stock -13.06% off its SMA200. REAX registered 9.83% gain for a year compared to 6-month loss of -16.14%.
The stock witnessed a 3.23% gain in the last 1 month and extending the period to 3 months gives it a -15.66%, and is 1.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.97% over the week and 4.87% over the month.
Profit margin for the company is -2.10%. Distance from 52-week low is 26.09% and -33.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-82.56%).
The EPS is expected to grow by 40.48% this year
The shares outstanding are 202.94M, and float is at 104.90M with Short Float at 2.53%.
The top institutional shareholder in the company is INSIGHT HOLDINGS GROUP, LLC with over 34.57 million shares valued at $140.37 million. The investor’s holdings represent 18.2885 of the REAX Shares outstanding. As of 2024-06-30, the second largest holder is MAGMA VENTURE PARTNERS GENERAL PARTNER LTD. with 23.68 million shares valued at $96.14 million to account for 12.5264 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.0 million shares representing 2.6426 and valued at over $20.28 million, while AWM INVESTMENT COMPANY, INC. holds 1.2116 of the shares totaling 2.29 million with a market value of $9.3 million.
The Real Brokerage Inc (REAX) Insider Activity
Still, SEC filings show that on Apr 01 ’25, MICHELLE RESSLER (Officer) Proposed Sale 10,000 shares at an average price of $4.06 for $40600.0. The insider now directly holds shares of The Real Brokerage Inc (REAX).
