For the readers interested in the stock health of Redfin Corporation (RDFN). It is currently valued at $96.59. When the transactions were called off in the previous session, Stock hit the highs of $96.8099, after setting-off with the price of $88.88. Company’s stock value dipped to $88.00 during the trading on the day. When the trading was stopped its value was $86.30.
Recently in News on February 19, 2021, Housing Market Stayed Hot in January as Home Prices Rose 14% and Sales Surged 20%. Supply couldn’t keep up with demand as new listings of homes for sale fell 6% from a year earlier and the number of homes on the market was down 24% to an all-time low. You can read further details here
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Redfin Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $97.15 on 02/11/21, with the lowest value was $65.69 for the same time period, recorded on 01/04/21.
Redfin Corporation (RDFN) full year performance was 199.88%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Redfin Corporation shares are logging -0.58% during the 52-week period from high price, and 903.01% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.63 and $97.15.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 2487141 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Redfin Corporation (RDFN) recorded performance in the market was 40.74%, having the revenues showcasing 120.63% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 8.83B, as it employees total of 3377 workers.
The Analysts eye on Redfin Corporation (RDFN)
During the last month, 4 analysts gave the Redfin Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 2 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 62.10, with a change in the price was noted +49.06. In a similar fashion, Redfin Corporation posted a movement of +103.22% for the period of last 100 days, recording 1,629,458 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RDFN is recording 0.45 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of Redfin Corporation (RDFN)
Raw Stochastic average of Redfin Corporation in the period of last 50 days is set at 98.73%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 97.92%. In the last 20 days, the company’s Stochastic %K was 78.17% and its Stochastic %D was recorded 75.47%.
Considering, the past performance of Redfin Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 40.74%. Additionally, trading for the stock in the period of the last six months notably improved by 113.22%, alongside a boost of 199.88% for the period of the last 12 months. The shares increased approximately by 4.48% in the 7-day charts and went down by 24.15% in the period of the last 30 days. Common stock shares were driven by 120.63% during last recorded quarter.