(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) jumped by a staggering 11.3% to $9.08 at 11:40 EST on Friday, after two successive sessions in a row of losses. NASDAQ is rising 0.85% to $12,115.76, after two sequential sessions in a row of gains. This seems, up to now, a somewhat positive trend exchanging session today.
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%.
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