Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Renovaro Inc. (NASDAQ: RENB) closed at $0.54 in the last session, down -0.68% from day before closing price of $0.54. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 0.65 million shares were traded. RENB stock price reached its highest trading level at $0.6432 during the session, while it also had its lowest trading level at $0.5143.
Ratios:
We take a closer look at RENB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.06 and its Current Ratio is at 0.06. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 17 ’24 when William Anderson Wittekind sold 16,362 shares for $1.46 per share. The transaction valued at 23,889 led to the insider holds 841,433 shares of the business.
William Anderson Wittekind sold 21,954 shares of RENB for $30,955 on Jul 15 ’24. The 10% Owner now owns 875,795 shares after completing the transaction at $1.41 per share. On Jul 10 ’24, another insider, William Anderson Wittekind, who serves as the 10% Owner of the company, sold 75,000 shares for $1.51 each. As a result, the insider received 113,250 and left with 894,645 shares of the company.
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 82658264 and an Enterprise Value of 87989776.
Stock Price History:
Over the past 52 weeks, RENB has reached a high of $5.25, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is -36.24%, while the 200-Day Moving Average is calculated to be -75.12%.
Shares Statistics:
According to the various share statistics, RENB traded on average about 689.24K shares per day over the past 3-months and 501040 shares per day over the past 10 days. A total of 147.50M shares are outstanding, with a floating share count of 81.81M. Insiders hold about 44.53% of the company’s shares, while institutions hold 9.59% stake in the company. Shares short for RENB as of 1724976000 were 3419583 with a Short Ratio of 4.96, compared to 1722384000 on 3973965. Therefore, it implies a Short% of Shares Outstanding of 3419583 and a Short% of Float of 3.2399999999999998.
