There has been a significant shift in the fundamentals for Anywhere Real Estate Inc (NYSE:HOUS)

Anywhere Real Estate Inc (NYSE:HOUS) shares traded -0.30% lower at $3.29 on Wall Street last session.

HOUS stock price is now -29.70% away from the 50-day moving average and -43.91% away from the 200-day moving average. The market capitalization of the company currently stands at $365.55M.

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With the price target maintained at $7, JP Morgan recently Downgraded its rating from Neutral to Underweight for Anywhere Real Estate Inc (NYSE: HOUS). , while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’

In other news, Williams Felicia, Director bought 8,424 shares of the company’s stock on Mar 08 ’24. The stock was bought for $49,996 at an average price of $5.93. Upon completion of the transaction, the Director now directly owns 60,055 shares in the company, valued at $0.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 03 ’23, Director Silva Enrique bought 15,000 shares of the business’s stock. A total of $81,255 was incurred on buying the stock at an average price of $5.42. This leaves the insider owning 112,216 shares of the company worth $0.37 million. A total of 5.58% of the company’s stock is owned by insiders.

During the past 12 months, Anywhere Real Estate Inc has had a low of $3.01 and a high of $9.43. The fifty day moving average price for HOUS is $4.634 and a two-hundred day moving average price translates $5.8456 for the stock.

The latest earnings results from Anywhere Real Estate Inc (NYSE: HOUS) was released for 2024-03-31. The net profit margin was -1.07% and return on equity was -3.74% for HOUS. The company reported revenue of $1.13 billion for the quarter, compared to $1.13 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.44 percent.

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