REA Group Limited’s Neutral Rating Reaffirmed at JPMorgan Chase & Co. (REA)
Shares of REA Group Limited (ASX:REA) traded up 0.16% during mid-day trading on Monday, hitting A$43.500. 478,491 shares of the company’s stock traded hands. REA Group Limited has a 52-week low of A$25.740 and a 52-week high of A$52.450. The stock’s 50-day moving average is A$45.93 and its 200-day moving average is A$44.09. The company has a market cap of A$5.730 billion and a P/E ratio of 44.41.
REA Group Limited is engaged in the real estate online advertising and related services. Its online advertising services include online advertising of residential properties for sale and rent, online advertising of commercial properties for sale and lease, provision of online display advertising space for advertisers in various industries, provision of Website development services to the real estate industry through Web design services.
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