The Real Brokerage Inc (NASDAQ: REAX) is -26.94% lower on its value in year-to-date trading and has touched a low of $3.80 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 $3.84 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $4.15, the stock is -0.56% and -0.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 8.07% at the moment leaves the stock -12.15% off its SMA200. REAX registered -9.78% loss for a year compared to 6-month loss of -6.11%. The firm has a 50-day simple moving average (SMA 50) of $4.1928 and a 200-day simple moving average (SMA200) of $4.731225.
The stock witnessed a 4.80% gain in the last 1 month and extending the period to 3 months gives it a -11.13%, and is 2.22% 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 4.70% over the week and 4.45% over the month.
Fwd P/E is 237.14. Profit margin for the company is -1.09%. Distance from 52-week low is 9.35% and -38.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-47.05%).
The EPS is expected to grow by 85.71% this year.
The Real Brokerage Inc (REAX) Top Institutional Holders
200.0 institutions hold shares in The Real Brokerage Inc (REAX), with institutional investors hold 53.55% of the company’s shares. The shares outstanding are 205.16M, and float is at 109.17M with Short Float at 2.18%. Institutions hold 43.15% of the Float.
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
#####
