Zacks Investment Research downgraded shares of Exp World Holdings, Inc. (OTCMKTS:EXPI) from a hold rating to a strong sell rating in a report published on Friday.

According to Zacks, “eXp World Holdings, Inc. provides cloud-based real estate brokerage services primarily in the United states and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website and provides buyers and sellers access to a network of professional, consumer-centric agents and brokers. eXp World Holdings, Inc., formerly known as eXp Realty International Corporation, is based in Bellingham, Washington. “

Several other analysts also recently issued reports on the company. ValuEngine upgraded Exp World Holdings from a sell rating to a hold rating in a report on Tuesday, October 31st. Fundamental Research restated a top pick rating and set a $7.43 price objective on shares of Exp World Holdings in a report on Wednesday, August 23rd. Finally, William Blair assumed coverage on Exp World Holdings in a report on Friday, July 21st. They set an outperform rating on the stock.

Shares of Exp World Holdings (OTCMKTS EXPI) opened at $6.18 on Friday. Exp World Holdings has a twelve month low of $2.52 and a twelve month high of $7.25.

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

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Exp World Holdings Company Profile

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.

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