The Real Brokerage Inc. (NASDAQ: REAX)’s stock price has increased by 18.66 compared to its previous closing price of 4.18. However, the company has seen a 28.50% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that The Real Brokerage Inc. (REAX) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.04 per share a year ago.
Is It Worth Investing in The Real Brokerage Inc. (NASDAQ: REAX) Right Now?
Moreover, the 36-month beta value for REAX is 1.55. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for REAX is 78.86M and currently, short sellers hold a 0.69% of that float. On May 07, 2024, REAX’s average trading volume was 592.74K shares.
REAX’s Market Performance
REAX’s stock has seen a 28.50% increase for the week, with a 16.98% rise in the past month and a 71.63% gain in the past quarter. The volatility ratio for the week is 6.73%, and the volatility levels for the past 30 days are at 9.15% for The Real Brokerage Inc. The simple moving average for the past 20 days is 28.80% for REAX’s stock, with a 123.40% simple moving average for the past 200 days.
REAX Trading at 44.73% 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 able to rebound, for now settling with 8.30% of gains for the given period.
Volatility was left at 9.15%, however, over the last 30 days, the volatility rate increased by 6.73%, as shares surge +14.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +66.48% upper at present.
During the last 5 trading sessions, REAX rose by +29.39%, which changed the moving average for the period of 200-days by +182.18% in comparison to the 20-day moving average, which settled at $3.88. In addition, The Real Brokerage Inc. saw 210.00% 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 1.28. 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 wrap up, the performance of The Real Brokerage Inc. (REAX) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
