(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) fell by a staggering 15.15% in 5 sessions from $8.71 at -15.15, to $7.39 at 15:00 EST on Friday, following the last session’s upward trend. NASDAQ is jumping 0.49% to $12,201.87, after two successive sessions in a row of gains.
Redfin’s last close was $7.17, 52.67% below its 52-week high of $15.15.
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 $-2.53.
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 -141.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Redfin’s EBITDA is -31.18.
Revenue Growth
Year-on-year quarterly revenue growth declined by 25.4%, now sitting on 2.28B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Redfin’s stock is considered to be overbought (>=80).
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