reAlpha Tech Corp (AIRE) Is Becoming Less Appealing To Investors After A -0.88% Fall

reAlpha Tech Corp (NASDAQ:AIRE) has a beta value of -7.86 and has seen 0.55 million shares traded in the recent trading session. The company, currently valued at $98.01M, closed the recent trade at $2.25 per share which meant it lost -$0.02 on the day or -0.88% during that session. The AIRE stock price is -99.56% off its 52-week high price of $4.49 and 76.44% above the 52-week low of $0.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.86 million shares traded. The 3-month trading volume is 2.41 million shares.

reAlpha Tech Corp (NASDAQ:AIRE) trade information

Sporting -0.88% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AIRE stock price touched $2.25 or saw a rise of 22.15%. Year-to-date, reAlpha Tech Corp shares have moved -22.15%, while the 5-day performance has seen it change -11.42%. Over the past 30 days, the shares of reAlpha Tech Corp (NASDAQ:AIRE) have changed 99.12%. Short interest in the company has seen 0.16 million shares shorted with days to cover at 3.07.

reAlpha Tech Corp (AIRE) estimates and forecasts

The company’s shares have gained 81.45% over the past 6 months, compared to 16.50% for the industry.

2 analysts offering their estimates for the company have set an average revenue estimate of 814.04k for the current quarter. 1 have an estimated revenue figure of 675k for the next ending quarter.

AIRE Dividends

reAlpha Tech Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

reAlpha Tech Corp (NASDAQ:AIRE)’s Major holders

Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 0.13% shares in the company for having 57.8 shares of worth $0.13 million while later fund manager owns 41.66 shares of worth $92894.0 as of Sep 30, 2024, which makes it owner of about 0.09% of company’s outstanding stock.