Market Momentum: reAlpha Tech Corp. (AIRE) Registers a -14.70 Decrease, Closing at 0.60

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

reAlpha Tech Corp. (NASDAQ: AIRE) closed the day trading at $0.60 down -14.70% from the previous closing price of $0.70. In other words, the price has decreased by $-14.70 from its previous closing price. On the day, 0.5 million shares were traded. AIRE stock price reached its highest trading level at $0.66 during the session, while it also had its lowest trading level at $0.5706.

Ratios:

For a better understanding of AIRE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.30 and its Current Ratio is at 5.30. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 26535032 and an Enterprise Value of 26389722. Its current Enterprise Value per Revenue stands at 288.381 whereas that against EBITDA is -2.661.

Stock Price History:

Over the past 52 weeks, AIRE has reached a high of $575.41, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -53.07%, while the 200-Day Moving Average is calculated to be -92.45%.

Shares Statistics:

Over the past 3-months, AIRE traded about 1.13M shares per day on average, while over the past 10 days, AIRE traded about 261280 shares per day. A total of 44.12M shares are outstanding, with a floating share count of 10.60M. Insiders hold about 75.98% of the company’s shares, while institutions hold 1.02% stake in the company. Shares short for AIRE as of 1711584000 were 514534 with a Short Ratio of 0.46, compared to 1709164800 on 537128. Therefore, it implies a Short% of Shares Outstanding of 514534 and a Short% of Float of 4.8499998.

Earnings Estimates

Investors are keenly observing as Themes Airlines ETF analysts analyze and rate the current performance of reAlpha Tech Corp. (AIRE) in the stock market.The consensus estimate for the next quarter is $118.57, with high estimates of $66.22 and low estimates of $283.09.

Most Popular

[the_ad id="945"]