Redfin Stock Went Up By Over 23% In The Last 10 Sessions

(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) rose by a staggering 23.66% in 10 sessions from $6.72 at 2023-03-10, to $8.31 at 11:58 EST on Friday, after five consecutive sessions in a row of gains. NASDAQ is falling 0.81% to $11,622.67, after four consecutive sessions in a row of gains.

Redfin’s last close was $8.74, 59.01% below its 52-week high of $21.32.

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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 300% and positive 25.6% for the next.

Yearly Top and Bottom Value

Redfin’s stock is valued at $8.31 at 11:58 EST, way below its 52-week high of $21.32 and way above its 52-week low of $3.08.

Volume

Today’s last reported volume for Redfin is 870177 which is 80.51% below its average volume of 4232680.

Sales Growth

Redfin’s sales growth is negative 30.3% for the present quarter and negative 49.6% for the next.

More news about Redfin (RDFN).

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