Currently, reAlpha Tech Corp [AIRE] is trading at $0.36, up 8.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AIRE shares have lost -1.16% over the last week, with a monthly amount glided 64.48%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
This stock has fluctuated between a low of $0.14 and a high of $4.49 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $1.25 within the next 12 months. reAlpha Tech Corp [NASDAQ: AIRE] shares were valued at $0.36 at the most recent close of the market. An investor can expect a potential return of 247.22% based on the average AIRE price forecast.
Analyzing the AIRE fundamentals
Trailing Twelve Months sales for reAlpha Tech Corp [NASDAQ:AIRE] were 1.85M which represents 4431.65% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -4.37%, Pretax Profit Margin comes in at -4.95%, and Net Profit Margin reading is -14.81%. To continue investigating profitability, this company’s Return on Assets is posted at -1.48, Equity is -2.42 and Total Capital is -1.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3399 points at the first support level, and at 0.3215 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3689, and for the 2nd resistance point, it is at 0.3795.
Ratios To Look Out For
To put it in perspective, the Current Ratio for reAlpha Tech Corp [NASDAQ:AIRE] is 0.58. In addition, the Quick Ratio stands at 0.58 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 16.22.
