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The closing price of RenX Enterprises Corp (NASDAQ: RENX) was $0.18 for the day, down -9.33% from the previous closing price of $0.2. In other words, the price has decreased by -$9.33 from its previous closing price. On the day, 1.53 million shares were traded. RENX stock price reached its highest trading level at $0.2118 during the session, while it also had its lowest trading level at $0.158.
Ratios:
Our analysis of RENX’s different ratios will help us gain a deeper understanding of the company. 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 1579339 and an Enterprise Value of 27481470. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 5.529 whereas that against EBITDA is -2.851.
Stock Price History:
The Beta on a monthly basis for RENX is 3.71, which has changed by -0.91960937 over the last 52 weeks, in comparison to a change of 0.17673707 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 -77.13%, while the 200-Day Moving Average is calculated to be -82.93%.
Shares Statistics:
RENX traded an average of 3.10M shares per day over the past three months and 13855680 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.
