Redfin Already 6% Down, Almost Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than hour and Redfin‘s pre-market value is already 6.43% down.

Redfin’s last close was $6.50, 63.24% below its 52-week high of $17.68.

The last session, NASDAQ finished with Redfin (RDFN) jumping 5.01% to $6.50. NASDAQ rose 0.32% to $16,306.64, after three successive sessions in a row of gains, on what was a somewhat positive trend exchanging session.

About Redfin

Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages. In addition, the company uses digital platforms to connect consumers with rental properties. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.

Earnings Per Share

As for profitability, Redfin has a trailing twelve months EPS of $-1.13.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -172.46%.

Sales Growth

Redfin’s sales growth is negative 32.8% for the ongoing quarter and 3.4% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Redfin’s EBITDA is 1.74.


Today’s last reported volume for Redfin is 3762867 which is 29.08% below its average volume of 5252350.

Moving Average

Redfin’s value is way below its 50-day moving average of $8.13 and way below its 200-day moving average of $8.97.

More news about Redfin (RDFN).

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