The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Renovaro Inc (NASDAQ: RENB) closed at $0.32 up 0.57% from its previous closing price of $0.32. In other words, the price has increased by $0.57 from its previous closing price. On the day, 0.83 million shares were traded. RENB stock price reached its highest trading level at $0.3499 during the session, while it also had its lowest trading level at $0.3128.
Ratios:
For a deeper understanding of Renovaro Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 29 ’24 when William Anderson Wittekind sold 1,114 shares for $1.30 per share. The transaction valued at 1,448 led to the insider holds 840,319 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RENB now has a Market Capitalization of 71530360 and an Enterprise Value of 55669244.
Stock Price History:
The Beta on a monthly basis for RENB is 0.54, which has changed by -0.7542636 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, RENB has reached a high of $2.10, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -0.82%, while the 200-Day Moving Average is calculated to be -50.11%.
Shares Statistics:
For the past three months, RENB has traded an average of 3.56M shares per day and 1213040 over the past ten days. A total of 162.39M shares are outstanding, with a floating share count of 83.77M. Insiders hold about 51.33% of the company’s shares, while institutions hold 12.77% stake in the company. Shares short for RENB as of 1749772800 were 4999085 with a Short Ratio of 0.26, compared to 1747267200 on 5054467. Therefore, it implies a Short% of Shares Outstanding of 4999085 and a Short% of Float of 4.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
