Maxim Group initiated coverage on shares of reAlpha Tech (NASDAQ:AIRE – Free Report) in a research note released on Friday, MarketBeat.com reports. The firm issued a buy rating and a $3.00 price objective on the stock.
reAlpha Tech Stock Performance
Shares of AIRE opened at $1.10 on Friday. The firm has a 50 day simple moving average of $1.25 and a two-hundred day simple moving average of $1.17. reAlpha Tech has a one year low of $0.53 and a one year high of $90.21.
reAlpha Tech (NASDAQ:AIRE – Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.03) EPS for the quarter. reAlpha Tech had a negative return on equity of 11.94% and a negative net margin of 1,259.42%. The business had revenue of $0.06 million for the quarter.
Hedge Funds Weigh In On reAlpha Tech
reAlpha Tech Company Profile
reAlpha Tech Corp., a real estate technology company, commercializes artificial intelligence (AI)-powered technologies. The company operates in two segments, Platform Services and Rental Business. The company offers and develops AI-based products and services to customers in the real-estate industry.
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