The public float for AIRE is 10.60M, and currently, shorts hold a 4.98% of that float. The average trading volume for AIRE on May 07, 2024 was 2.66M shares.
AIRE) stock’s latest price update
The stock of reAlpha Tech Corp. (NASDAQ: AIRE) has decreased by -14.35 when compared to last closing price of 1.00.Despite this, the company has seen a loss of -24.20% in its stock price over the last five trading days. InvestorPlace reported 2024-04-25 that ReAlpha Tech (NASDAQ: AIRE ) stock continues to rally on Thursday following the launch of its first artificial intelligence ( AI ) real estate Smart Buyer’s Agent. Claire is the name of this new service and it comes with zero commission.
AIRE’s Market Performance
AIRE’s stock has fallen by -24.20% in the past week, with a monthly drop of -24.54% and a quarterly drop of -26.16%. The volatility ratio for the week is 11.92% while the volatility levels for the last 30 days are 20.70% for reAlpha Tech Corp. The simple moving average for the last 20 days is -13.53% for AIRE’s stock, with a simple moving average of -88.50% for the last 200 days.
AIRE Trading at -30.05% from the 50-Day Moving Average
After a stumble in the market that brought AIRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.85% of loss for the given period.
Volatility was left at 20.70%, however, over the last 30 days, the volatility rate increased by 11.92%, as shares sank -29.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.90% lower at present.
During the last 5 trading sessions, AIRE fell by -24.20%, in comparison to the 20-day moving average, which settled at $0.9728. In addition, reAlpha Tech Corp. saw -56.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AIRE
Current profitability levels for the company are sitting at:
- -18.77 for the present operating margin
- 0.44 for the gross margin
The net margin for reAlpha Tech Corp. stands at -7.05. The total capital return value is set at -0.34.
Based on reAlpha Tech Corp. (AIRE), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -26.77. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -68.23.
Currently, EBITDA for the company is -5.12 million with net debt to EBITDA at 0.56. When we switch over and look at the enterprise to sales, we see a ratio of 74.46. The receivables turnover for the company is 36.51for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.30.
Conclusion
In conclusion, reAlpha Tech Corp. (AIRE) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
