Future Outlook And Stock Price Performance For reAlpha Tech Corp (NASDAQ: AIRE)

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In the last trading session, 8.32 million shares of the reAlpha Tech Corp (NASDAQ:AIRE) were traded, and its beta was -7.63. Most recently the company’s share price was $2.54, and it changed around -$1.04 or -29.05% from the last close, which brings the market valuation of the company to $82.66M. AIRE currently trades at a discount to its 52-week high of $4.49, offering almost -76.77% off that amount. The share price’s 52-week low was $0.53, which indicates that the current value has risen by an impressive 79.13% since then. We note from reAlpha Tech Corp’s average daily trading volume that its 10-day average is 14.19 million shares, with the 3-month average coming to 2.17 million.

reAlpha Tech Corp stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended AIRE as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. reAlpha Tech Corp is expected to report earnings per share of -0.04 for the current quarter.

reAlpha Tech Corp (NASDAQ:AIRE) trade information

Instantly AIRE has showed a red trend with a performance of -29.05% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.49 on recent trading dayincreased the stock’s daily price by 43.43%. The company’s shares are currently up 27.64% year-to-date, but still up 73.97% over the last five days. On the other hand, reAlpha Tech Corp (NASDAQ:AIRE) is 139.62% up in the 30-day period. We can see from the shorts that 0.16 million shares have been sold at a short interest cover period of 3.07 day(s).

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 780k in revenue for the current quarter. 1 analysts expect reAlpha Tech Corp to make 675k in revenue for the current ending quarter.

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reAlpha Tech Corp’s next quarterly earnings report is expected to be released in January.