Zacks Investment Research upgraded Reis Inc (NASDAQ:REIS) to Hold in a report released today.
- Updated: October 8, 2016
Zacks Investment Research has upgraded Reis Inc (NASDAQ:REIS) to Hold in a report released on 10/06/2016.
Yesterday Reis Inc (NASDAQ:REIS) traded -1.56% lower at $20.59. The company’s 50-day moving average is $20.02 and its 200-day moving average is $22.89. The last stock close price is down -11.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 34,075 shares of the stock were exchanged, up from an average trading volume of 33,388
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Reis Inc has a 52 week low of $18.16 and a 52 week high of $26.59 with a price-earnings ratio of 31.19 REIS’s total market value is presently $0.
A total of 3 brokers have issued a research note on the company. 0 firms rating the stock a strong buy, 2 equity analysts rating the company a buy, zero brokerages rating the stock a hold, 0 analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $31.75.
Brief Synopsis About Reis Inc (NASDAQ:REIS)
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. The database contains information on apartment, office, retail, warehouse or distribution, flex or research and development, self-storage and seniors housing properties, and is used by real estate investors, lenders and other professionals to make informed buying, selling and financing decisions. Its product portfolio includes Reis Subscriber Edition (SE), its delivery platform aimed at larger and mid-sized enterprises; ReisReports, aimed at prosumers and smaller enterprises, and Mobiuss Portfolio CRE (Mobiuss), aimed at risk managers and credit administrators at banks and non-bank lending institutions.
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