In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Renovaro Inc (NASDAQ: RENB) was $0.31 for the day, down -5.13% from the previous closing price of $0.33. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 0.59 million shares were traded. RENB stock price reached its highest trading level at $0.335 during the session, while it also had its lowest trading level at $0.3051.
Ratios:
Our analysis of RENB’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 69724600 and an Enterprise Value of 59111616.
Stock Price History:
The Beta on a monthly basis for RENB is 0.55, which has changed by -0.73702127 over the last 52 weeks, in comparison to a change of 0.16932249 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 -3.30%, while the 200-Day Moving Average is calculated to be -51.06%.
Shares Statistics:
RENB traded an average of 3.56M shares per day over the past three months and 1247660 shares per day over the past ten days. A total of 162.39M shares are outstanding, with a floating share count of 112.40M. Insiders hold about 51.33% of the company’s shares, while institutions hold 9.50% stake in the company. Shares short for RENB as of 1752537600 were 1308371 with a Short Ratio of 0.37, compared to 1749772800 on 4999085. Therefore, it implies a Short% of Shares Outstanding of 1308371 and a Short% of Float of 0.74.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
