Shares of Realogy Holdings Corp. (NYSE:RLGY) traded today at $18.40, eclipsing its 52-week high. So far today approximately 164,000 shares have been exchanged, as compared to an average 30-day volume of 1.4 million shares.
Realogy Holdings Corp provides residential real estate services in the United States. Operations are divided into the following segments: real estate franchise services (RFG), company-owned real estate brokerage services (NRT), relocation services (Cartus), and title and settlement services (TRG). NRT generates approximately 75% of Realogy’s revenue, with other segments narrowly dividing the remaining portion. Revenue from each segment is derived from fees based upon services performed. Under NRT, operations consist of residential brokerage services through brand names such as Coldwell Banker and Sotheby’s. Realogy’s relocation services, franchisee and brokerage businesses can be accessed in the United States and internationally.
Realogy Holdings Corp. (NYSE:RLGY) is currently priced 58.9% above its average consensus analyst price target of $7.47.
In the past 52 weeks, Realogy Holdings Corp. share prices are bracketed by a low of $2.09 and a high of $18.40 and is now at $18.16, 769% above that low price.
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