According to Zacks, “The Real Brokerage Inc. is a technology-powered real estate brokerage operating. It creates financial opportunities for agents through better commission splits, best-in-class technology, revenue sharing and equity incentives. The Real Brokerage Inc. is based in NEW YORK. “
NASDAQ REAX opened at $1.81 on Friday. Real Brokerage has a 12 month low of $1.50 and a 12 month high of $4.35. The stock’s fifty day moving average price is $2.20 and its 200-day moving average price is $2.70.
Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in shares of Real Brokerage by 657.2% during the third quarter. Royal Bank of Canada now owns 16,500 shares of the company’s stock valued at $31,000 after buying an additional 14,321 shares during the last quarter. LPL Financial LLC purchased a new stake in shares of Real Brokerage during the fourth quarter valued at $66,000. Millennium Management LLC purchased a new stake in shares of Real Brokerage during the fourth quarter valued at $67,000. Marshall Wace LLP bought a new position in Real Brokerage in the fourth quarter valued at about $73,000. Finally, Virtu Financial LLC bought a new position in Real Brokerage in the fourth quarter valued at about $79,000. 21.37% of the stock is currently owned by institutional investors.
About Real Brokerage (Get Rating)
The Real Brokerage Inc, together with its subsidiaries, operates as a technology-powered real estate brokerage company. It provides brokerage services for the real estate market through a network of agents. The company offers agents a mobile-focused tech platform to run its business, as well as business terms and wealth-building opportunities.
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