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Redfin Stock 10.85% Up Before The Weekend

(VIANEWS) – The NASDAQ ended the session with Redfin (RDFN) rising 10.85% to $9.05 on Friday while NASDAQ jumped 1.74% to $12,221.91.

Redfin’s last close was $8.16, 59.68% under its 52-week high of $20.24.

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; originates and sells mortgages; and buys and sells homes. 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 $-0.23.

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 -113.34%.

Yearly Top and Bottom Value

Redfin’s stock is valued at $9.05 at 18:09 EST, way below its 52-week high of $20.24 and way above its 52-week low of $3.08.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Redfin’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for Redfin is 3717150 which is 10.75% below its average volume of 4164980.

More news about Redfin (RDFN).

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