Reis Inc. (REIS) Shares Down 4.3%
Shares of Reis Inc. (NASDAQ:REIS) traded down 4.3% during trading on Monday . The stock traded as low as $24.08 and last traded at $24.19, with a volume of 101,214 shares. The stock had previously closed at $25.28.
Several analysts recently commented on the company. B. Riley reaffirmed a “buy” rating and issued a $33.25 price objective on shares of Reis in a report on Monday. Canaccord Genuity reiterated a “buy” rating on shares of Reis in a research report on Wednesday, May 4th. Finally, Zacks Investment Research downgraded Reis from a “hold” rating to a “sell” rating in a research report on Wednesday, July 6th.
The company has a market cap of $273.73 million and a P/E ratio of 26.38. The firm’s 50-day moving average is $24.95 and its 200-day moving average is $23.64.
Reis (NASDAQ:REIS) last posted its earnings results on Tuesday, May 3rd. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $12.80 million for the quarter, compared to analyst estimates of $13.05 million. Analysts anticipate that Reis Inc. will post $0.57 EPS for the current fiscal year.
Reis, Inc (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals, through its Reis Services subsidiary. The Company operates through Reis Services segment. It maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States.
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