eXp World (EXPI) Lowered to “Sell” at ValuEngine

eXp World (OTCMKTS:EXPI) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.

A number of other research analysts have also recently commented on the stock. Zacks Investment Research cut shares of eXp World from a “hold” rating to a “strong sell” rating in a research note on Friday, November 17th. Fundamental Research restated a “top pick” rating and set a $7.43 price target on shares of eXp World in a research note on Wednesday, August 23rd.

Shares of eXp World (OTCMKTS:EXPI) traded down $0.30 on Friday, reaching $7.70. 86,751 shares of the company’s stock were exchanged, compared to its average volume of 47,882. eXp World has a 1 year low of $2.52 and a 1 year high of $8.20.

eXp World (OTCMKTS:EXPI) last announced its quarterly earnings results on Tuesday, November 14th. The technology company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.11). The business had revenue of $48.11 million for the quarter, compared to the consensus estimate of $48.01 million. eXp World had a negative return on equity of 272.55% and a negative net margin of 7.33%. equities analysts expect that eXp World will post -0.59 EPS for the current year.

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About eXp World

eXp World Holdings, Inc, formerly eXp Realty International Corporation, is a cloud-based real estate company. The Company’s segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. It operates over the Internet through its Website, http://exprealty.com and a cloud-based platform to provide its residential real estate brokerage services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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