Market Recap: reAlpha Tech Corp (AIRE)’s Negative Momentum%, Closing at $0.49

Kiel Thompson

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The closing price of reAlpha Tech Corp (NASDAQ: AIRE) was $0.49 for the day, down -2.76% from the previous closing price of $0.51. In other words, the price has decreased by -$2.76 from its previous closing price. On the day, 5.8 million shares were traded. AIRE stock price reached its highest trading level at $0.5068 during the session, while it also had its lowest trading level at $0.4637.

Ratios:

Our analysis of AIRE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.53.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AIRE now has a Market Capitalization of 62488640 and an Enterprise Value of 45301908. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.69. Its current Enterprise Value per Revenue stands at 14.884 whereas that against EBITDA is -4.469.

Stock Price History:

The Beta on a monthly basis for AIRE is -3.53, which has changed by -0.50600004 over the last 52 weeks, in comparison to a change of 0.12121439 over the same period for the S&P500. Over the past 52 weeks, AIRE has reached a high of $4.49, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -29.56%, while the 200-Day Moving Average is calculated to be -36.14%.

Shares Statistics:

AIRE traded an average of 27.88M shares per day over the past three months and 11910620 shares per day over the past ten days. A total of 90.39M shares are outstanding, with a floating share count of 55.38M. Insiders hold about 76.02% of the company’s shares, while institutions hold 2.72% stake in the company. Shares short for AIRE as of 1760486400 were 9716176 with a Short Ratio of 0.35, compared to 1757894400 on 17460199. Therefore, it implies a Short% of Shares Outstanding of 9716176 and a Short% of Float of 17.0.

Earnings Estimates

The dynamic stock of reAlpha Tech Corp (AIRE) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.17 and -$0.17 for the fiscal current year, implying an average EPS of -$0.17. EPS for the following year is -$0.08, with 1.0 analysts recommending between -$0.08 and -$0.08.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 2 analysts. It ranges from a high estimate of $1.38M to a low estimate of $1.23M. As of. The current estimate, reAlpha Tech Corp’s year-ago sales were $339.23kFor the next quarter, 2 analysts are estimating revenue of $1.26M. There is a high estimate of $1.29M for the next quarter, whereas the lowest estimate is $1.23M.

A total of 2 analysts have provided revenue estimates for AIRE’s current fiscal year. The highest revenue estimate was $4.84M, while the lowest revenue estimate was $4.65M, resulting in an average revenue estimate of $4.75M. In the same quarter a year ago, actual revenue was $948.42kBased on 2 analysts’ estimates, the company’s revenue will be $12.63M in the next fiscal year. The high estimate is $19.27M and the low estimate is $6M.

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