REA Group (ASX:REA) Share Price Crosses Below 50 Day Moving Average of $89.63

REA Group Limited (ASX:REA)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $89.63 and traded as low as $94.70. REA Group shares last traded at $95.25, with a volume of 151,228 shares.

The company has a 50-day moving average price of A$89.63. The company has a market capitalization of $12.55 billion and a P/E ratio of 101.11. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 35.49.

REA Group Company Profile (ASX:REA)

REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia.

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