$Redfin (RDFN.US)$and$RE/MAX Holdings (RMAX.US)$soared more than 20% intraday Friday despite no apparent news for either real-estate firm other than a recent downtrend in mortgage rates ahead of next week's Federal Reserve interest-policy meeting. RDFN gained as much as to a 24% to a $14.27 session high – its best level since August – while RMAX added as much as 23.9% to a $13.64 intraday peak. Neither company announced any news Frid...
$Zillow-A (ZG.US)$,$Redfin (RDFN.US)$and other real-estate stocks rose Wednesday, apparently gaining ground on hopes for lower mortgage rates following a weaker-than-expected that May Consumer Price Index. Home-buying platform Zillow led the sector higher, adding 12.2% to trade at $46.85 shortly before 11:30 a.m. ET. Other large percentage gainers as of that hour included: -- Real-estate broker...
RE/MAX Holdings' low P/S ratio may be due to anticipated poor revenue performance. Without top-line growth improvement, the P/S ratio could drop further. The weak share price and declining revenue forecast form a barrier for the share price.
RE/MAX's Q4 results were mixed, with the company slightly topping analysts' EPS expectations but falling short in terms of full-year revenue guidance and operating margin. The company's long-term performance and recent history suggest a weak growth trajectory, with a 5.7% YoY revenue decline in the latest quarter and flat revenue over the last two years.
Despite share price rebound, RE/MAX Holdings' future growth is marred by declining revenue, weak outlook, and market's uncertainty about its health and performance.
Shares of real-estate names are trading higher Tuesday following better-than-expected inflation readings, with core consumer prices falling to a fresh two-year low. The U.S.'s largest homebuilder,$D.R. Horton (DHI.US)$, rose 6.4%,$KB Home (KBH.US)$gained 7.1%, and$Toll Brothers (TOL.US)$increased 8.2%. Shares of online real-estate platforms are also on the rise.$Opendoor Technologies (OPEN.US)$rocketed over 15% on Tuesday...
U.S. Crypto Concept Stocks U.S. Crypto Concept Stocks
Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data. Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data.
SniperInWood : 15$ touch or little more high float