(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) slid by a staggering 15.01% in 5 sessions from $9.11 at -15.01, to $7.74 at 11:43 EST on Tuesday, following the last session’s downward trend. NASDAQ is falling 0.79% to $11,941.99, following the last session’s downward trend.
Redfin’s last close was $8.46, 44.16% under 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 $-2.99.
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%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 25.4%, now sitting on 2.28B for the twelve trailing months.
Moving Average
Redfin’s worth is under its 50-day moving average of $8.33 and higher than its 200-day moving average of $7.12.
Volume
Today’s last reported volume for Redfin is 1383521 which is 64.49% below its average volume of 3877040.
More news about Redfin (RDFN).
