(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) rose by a staggering 25.66% in 10 sessions from $10.64 at 2023-06-20, to $13.37 at 15:05 EST on Tuesday, following the last session’s upward trend. NASDAQ is rising 0.21% to $13,816.77, after two consecutive sessions in a row of gains.
Redfin’s last close was $13.37, 7.02% under its 52-week high of $14.38.
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. 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 $-2.97.
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 -173.25%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 56.2% and 86.7%, respectively.
Volume
Today’s last reported volume for Redfin is 1764172 which is 38.73% below its average volume of 2879710.
Revenue Growth
Year-on-year quarterly revenue growth declined by 45.5%, now sitting on 2.01B for the twelve trailing months.
More news about Redfin (RDFN).
