Redfin Stock Was 17.22% Up Before The Weekend

(VIANEWS) – The NASDAQ ended the session with Redfin rising 17.22% to $9.87 on Friday, following the last session’s upward trend. NASDAQ jumped 0.19% to $14,761.56, after five successive sessions in a row of gains, on what was a somewhat positive trend exchanging session today.

Redfin’s last close was $8.42, 52.38% below its 52-week high of $17.68.

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 $-1.84.

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 -209.25%.

Volume

Today’s last reported volume for Redfin is 12159800 which is 167.23% above its average volume of 4550210.

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).

More news about Redfin (RDFN).

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