What Does Wednesday’s Chart Say About eXp World Holdings Inc Stock?
December 1, 2023
🌥️Trending News
Wednesday’s chart for eXp World Holdings Inc stock (ticker symbol: EXP ($NASDAQ:EXPI)I) provides a fascinating insight into the company’s stock performance over the past week. eXp World Holdings Inc is a cloud-based real estate brokerage company that offers its services through virtual offices and online communities. It specializes in residential real estate sales, offering agents a platform to market and manage their businesses and provide customer service. Wednesday’s chart shows a steady increase in the price per share of eXp World Holdings Inc stock over the past week. Furthermore, the volume of shares traded has also increased, indicating that there is strong demand for the stock.
Overall, the chart provides a positive outlook for the future of eXp World Holdings Inc stock. Investors have responded favorably to the company’s positive performance over the past weeks and it looks like this trend is likely to continue in the coming days. If eXp World Holdings Inc continues to show strong growth in the weeks ahead, it could be a great opportunity for investors to buy in at a low price and benefit from its potential gains over the long term.
Market Price
On Thursday, the stock opened at $12.7, before closing at $12.1. This marked a decrease from the previous closing price of $12.7. The significant decline in EXP WORLD stock on Wednesday could be indicative of a general downward trend in the value of the company’s stock over time.
It could also be a sign that investors are becoming increasingly wary of EXP WORLD’s financial prospects and are selling off their shares. Either way, Wednesday’s chart paints a bleak picture for EXP WORLD stock and investors should be cautious when considering it as an investment opportunity. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Exp World. More…
| Total Revenues | Net Income | Net Margin |
| 4.23k | 5.02 | 0.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exp World. More…
| Operations | Investing | Financing |
| 199.73 | -14.89 | -198.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Exp World. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 422.86 | 171.94 | 1.62 |
Key Ratios Snapshot
Some of the financial key ratios for Exp World are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 42.5% | -71.5% | 0.0% |
| FCF Margin | ROE | ROA |
| 4.5% | 0.1% | 0.1% |
Analysis
At GoodWhale, we have conducted a thorough review of EXP WORLD‘s fundamentals. According to our Star Chart, EXP WORLD scores a 10/10 health score, indicating that they are well-positioned to weather any potential future market downturns. Furthermore, GoodWhale analysis has found that EXP WORLD is strong in terms of assets and growth, and medium in terms of dividend and profitability. This means that EXP WORLD is classified as a ‘rhino’ type of company, which is one that has achieved moderate revenue or earnings growth over time. Given their strong fundamentals and moderate revenue growth, EXP WORLD is likely to be an attractive option for value investors looking for a stable long-term growth prospect. Similarly, investors with an eye for dividend income may also be interested in EXP WORLD’s strong assets and moderate dividend income as it provides security and some return of capital. More…
Peers
The company operates through its wholly owned subsidiary, eXp Realty, LLC. eXp Realty is a national real estate brokerage company with over 30,000 real estate agents in the United States, Canada, and the United Kingdom. The company offers a suite of cloud-based real estate services, including brokerage, transaction management, lead generation, and marketing. eXp World Holdings Inc. competes with Redfin Corp, Opendoor Technologies Inc, and Realogy Holdings Corp in the online real estate brokerage market. These companies offer similar services as eXp World Holdings Inc, but differ in their business models and geographic focus.
– Redfin Corp ($NASDAQ:RDFN)
Redfin is a technology-powered real estate brokerage, founded in 2004 and headquartered in Seattle, WA. They offer a full-service platform for buying and selling homes, as well as a suite of tools and services for homebuyers and sellers. Redfin has a market cap of $516.24M as of 2022 and a return on equity of -50.48%. The company has been growing rapidly, with revenue increasing from $267M in 2016 to $1.1B in 2020. However, Redfin has not been profitable on an GAAP basis, with net losses of $141M in 2020. The company is investing heavily in expansion and technology, which has led to negative cash flow from operations in recent years.
– Opendoor Technologies Inc ($NASDAQ:OPEN)
Opendoor Technologies Inc is a real estate company that allows users to buy and sell homes through its online platform. The company has a market cap of 1.53B as of 2022 and a return on equity of 0.03%. Opendoor was founded in 2014 and is headquartered in San Francisco, CA.
Summary
Investing in eXp World Holdings Inc. stock can be a risky endeavor. On Wednesday, the stock price moved down significantly, indicating that investors may be wary of the company’s current performance or of the market in general. Analyzing the current chart trends and fundamentals of the company can provide insight into how the stock may perform in the future. Investors should consider factors such as company debt, cash flow, earnings, and other financial metrics to understand if investing in eXp World Holdings Inc. is right for them.
Additionally, studying other stocks in the same sector can shed light on how the stock price for this company may fluctuate. Ultimately, any investor should exercise due diligence before investing in the stock.
Related Posts
Recent Posts
