(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) rose by a staggering 10.78% to $9.60 at 14:59 EST on Thursday, after three successive sessions in a row of gains. NASDAQ is rising 3.61% to $12,243.12, after two successive sessions in a row of gains. This seems, so far, a very positive trend exchanging session today.
Redfin’s last close was $8.67, 73.16% below its 52-week high of $32.30.
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 -73.27%.
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).
More news about Redfin (RDFN).
