The Real Brokerage Inc. (REAX) Shares Soar Above 1-Year High

The stock of The Real Brokerage Inc. (NASDAQ: REAX) has increased by 9.39 when compared to last closing price of 3.09.Despite this, the company has seen a gain of 12.67% in its stock price over the last five trading days. Business Wire reported 2024-03-13 that TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing, publicly traded real estate brokerage, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the 36th Annual Roth Conference on Tuesday, March 19, 2024 at 10:30 a.m. PT, at The Ritz Carlton, Laguna Niguel in Dana Point, CA. A live webcast of the presentation will be available at the link below, and a replay will be available shortly after the conclusion of the.

Is It Worth Investing in The Real Brokerage Inc. (NASDAQ: REAX) Right Now?

The stock has a 36-month beta value of 1.68. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for REAX is 88.01M, and at present, short sellers hold a 0.30% of that float. On April 04, 2024, the average trading volume of REAX was 445.91K shares.

REAX’s Market Performance

The stock of The Real Brokerage Inc. (REAX) has seen a 12.67% increase in the past week, with a 14.97% rise in the past month, and a 119.48% gain in the past quarter. The volatility ratio for the week is 6.22%, and the volatility levels for the past 30 days are at 7.81% for REAX. The simple moving average for the past 20 days is 10.60% for REAX’s stock, with a 71.23% simple moving average for the past 200 days.

REAX Trading at 14.45% from the 50-Day Moving Average

After a stumble in the market that brought REAX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.11% of loss for the given period.

Volatility was left at 7.81%, however, over the last 30 days, the volatility rate increased by 6.22%, as shares surge +17.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.50% upper at present.

During the last 5 trading sessions, REAX rose by +12.67%, which changed the moving average for the period of 200-days by +120.92% in comparison to the 20-day moving average, which settled at $3.08. In addition, The Real Brokerage Inc. saw 111.25% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for REAX

Current profitability levels for the company are sitting at:

  • -0.04 for the present operating margin
  • 0.09 for the gross margin

The net margin for The Real Brokerage Inc. stands at -0.04. The total capital return value is set at -0.7. Equity return is now at value -93.18, with -50.78 for asset returns.

Based on The Real Brokerage Inc. (REAX), the company’s capital structure generated -0.54 points at debt to capital in total, while cash flow to debt ratio is standing at -1.45. The debt to equity ratio resting at -0.35. The interest coverage ratio of the stock is -38.08.

Currently, EBITDA for the company is -24.88 million with net debt to EBITDA at 1.12. When we switch over and look at the enterprise to sales, we see a ratio of 0.84. The receivables turnover for the company is 105.96for trailing twelve months and the total asset turnover is 10.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.

Conclusion

To sum up, The Real Brokerage Inc. (REAX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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