Stock Market Recap: reAlpha Tech Corp. (AIRE) Concludes at 0.86, a -14.35 Surge/Decline

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

After finishing at $1.00 in the prior trading day, reAlpha Tech Corp. (NASDAQ: AIRE) closed at $0.86, down -14.35%. In other words, the price has decreased by -$14.35 from its previous closing price. On the day, 1.19 million shares were traded. AIRE stock price reached its highest trading level at $0.9803 during the session, while it also had its lowest trading level at $0.84.

Ratios:

Our goal is to gain a better understanding of AIRE by taking a closer 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 44569608 and an Enterprise Value of 33074218. Its current Enterprise Value per Revenue stands at 361.427 whereas that against EBITDA is -3.335.

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 $0.53. The 50-Day Moving Average of the stock is -30.05%, while the 200-Day Moving Average is calculated to be -88.50%.

Shares Statistics:

The stock has traded on average 2.66M shares per day over the past 3-months and 9907070 shares per day over the last 10 days, according to various share statistics. 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 1.06% stake in the company. Shares short for AIRE as of 1713139200 were 527444 with a Short Ratio of 0.20, compared to 1710460800 on 489298. Therefore, it implies a Short% of Shares Outstanding of 527444 and a Short% of Float of 4.9799999999999995.

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