Redfin Stock Went Down By Over 20% In The Last 10 Sessions

(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) fell by a staggering 20.84% in 10 sessions from $9.07 at 2023-04-13, to $7.18 at 14:40 EST on Thursday, after three sequential sessions in a row of losses. NASDAQ is rising 2.21% to $12,116.82, following the last session’s upward trend.

Redfin’s last close was $7.04, 53.53% 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 $-2.42.

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%.

Volatility

Redfin’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.48%, a negative 0.18%, and a positive 5.16%.

Redfin’s highest amplitude of average volatility was 5.71% (last week), 4.16% (last month), and 5.16% (last quarter).

Yearly Top and Bottom Value

Redfin’s stock is valued at $7.18 at 14:40 EST, way under its 52-week high of $15.15 and way above its 52-week low of $3.08.

Volume

Today’s last reported volume for Redfin is 1535130 which is 59.73% below its average volume of 3734880.

Revenue Growth

Year-on-year quarterly revenue growth declined by 25.4%, now sitting on 2.28B for the twelve trailing months.

More news about Redfin (RDFN).

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