reAlpha Tech Corp (NASDAQ: AIRE) is -85.49% lower on its value in year-to-date trading and has touched a low of $0.22 and a high of $4.49 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 AIRE stock was last observed hovering at around $0.22 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.2, the stock is -32.64% and -53.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.58 million and changing -7.43% at the moment leaves the stock -81.44% off its SMA200. AIRE registered -93.02% loss for a year compared to 6-month loss of -87.39%. The firm has a 50-day simple moving average (SMA 50) of $0.45328 and a 200-day simple moving average (SMA200) of $1.09767.
The stock witnessed a -51.86% gain in the last 1 month and extending the period to 3 months gives it a -70.76%, and is -23.89% down 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 11.55% over the week and 10.40% over the month.
Profit margin for the company is -1481.09%. Distance from 52-week low is -6.23% and -95.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-11984.25%).
The EPS is expected to grow by 68.10% this year
18.0 institutions hold shares in reAlpha Tech Corp (AIRE), with institutional investors hold 3.39% of the company’s shares. The shares outstanding are 46.23M, and float is at 10.90M with Short Float at 2.76%. Institutions hold 1.15% of the Float.
The top institutional shareholder in the company is GEODE CAPITAL MANAGEMENT, LLC with over 59132.0 shares valued at $56174.0. The investor’s holdings represent 0.1337 of the AIRE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 57800.0 shares valued at $54910.0 to account for 0.1307 of the shares outstanding. The other top investors are SCHONFELD STRATEGIC ADVISORS LLC which holds 45800.0 shares representing 0.1036 and valued at over $43510.0, while UBS GROUP AG holds 0.0805 of the shares totaling 35588.0 with a market value of $33809.0.
