The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, RenX Enterprises Corp’s stock clocked out at $0.23, down -15.48% from its previous closing price of $0.27. In other words, the price has decreased by -$15.48 from its previous closing price. On the day, 4.39 million shares were traded. RENX stock price reached its highest trading level at $0.248 during the session, while it also had its lowest trading level at $0.2.
Ratios:
To gain a deeper understanding of RENX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.10. In the meantime, Its Debt-to-Equity ratio is 14.27 whereas as Long-Term Debt/Eq ratio is at 2.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RENX now has a Market Capitalization of 2027914 and an Enterprise Value of 27930048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 5.619 whereas that against EBITDA is -2.897.
Stock Price History:
The Beta on a monthly basis for RENX is 3.77, which has changed by -0.16281629 over the last 52 weeks, in comparison to a change of 0.13927746 over the same period for the S&P500. Over the past 52 weeks, RENX has reached a high of $2.89, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -73.43%, while the 200-Day Moving Average is calculated to be -78.48%.
Shares Statistics:
It appears that RENX traded 2.92M shares on average per day over the past three months and 14250319 shares per day over the past ten days. A total of 4.88M shares are outstanding, with a floating share count of 2.53M. Insiders hold about 71.47% of the company’s shares, while institutions hold 4.33% stake in the company. Shares short for RENX as of 1764288000 were 202094 with a Short Ratio of 0.07, compared to 1761868800 on 185383. Therefore, it implies a Short% of Shares Outstanding of 202094 and a Short% of Float of 3.75.
