Redfin Stock Is 9% Down At Session Start Today

(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) dropped 9.11% to $8.98 at 10:30 EST on Tuesday, after two sequential sessions in a row of gains. NASDAQ is falling 0.14% to $11,870.93, after two successive sessions in a row of losses. This seems, up until now, a somewhat negative trend exchanging session today.

Redfin’s last close was $9.88, 69.41% 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%.

Sales Growth

Redfin’s sales growth is 13% for the current quarter and negative 11.7% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 295% and a negative 125.9%, respectively.

Volatility

Redfin’s last week, last month’s, and last quarter’s current intraday variation average was 10.03%, 4.09%, and 5.64%.

Redfin’s highest amplitude of average volatility was 10.31% (last week), 7.09% (last month), and 5.64% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 28.8%, now sitting on 2.39B for the twelve trailing months.

More news about Redfin (RDFN).

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