reAlpha Tech Corp (NASDAQ: AIRE) is -70.68% lower on its value in year-to-date trading and has touched a low of $0.14 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 $0.42 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.42, the stock is 28.01% and 3.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.58 million and changing -0.64% at the moment leaves the stock -60.50% off its SMA200. AIRE registered -85.60% loss for a year compared to 6-month loss of -77.25%. The firm has a 50-day simple moving average (SMA 50) of $0.40418 and a 200-day simple moving average (SMA200) of $1.05403.
The stock witnessed a 25.54% gain in the last 1 month and extending the period to 3 months gives it a -35.94%, and is -51.01% 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 25.08% over the week and 29.30% over the month.
Profit margin for the company is -1481.09%. Distance from 52-week low is 197.36% and -90.73% 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 70.69% this year.
reAlpha Tech Corp (AIRE) Top Institutional Holders
18.0 institutions hold shares in reAlpha Tech Corp (AIRE), with institutional investors hold 1.21% of the company’s shares. The shares outstanding are 46.23M, and float is at 13.49M with Short Float at 12.16%. Institutions hold 0.71% 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.
