Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Renovaro Inc (NASDAQ: RENB) closed at $3.17M in the last session, up 1596414% from day before closing price of $0.34. In other words, the price has increased by $1596414 from its previous closing price. On the day, 1.6 million shares were traded. RENB stock price reached its highest trading level at $0.3842 during the session, while it also had its lowest trading level at $0.3301.
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 0.13 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:
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 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.
William Anderson Wittekind sold 16,362 shares of RENB for $23,889 on Jul 17 ’24. The 10% Owner now owns 841,433 shares after completing the transaction at $1.46 per share. On Jul 15 ’24, another insider, William Anderson Wittekind, who serves as the 10% Owner of the company, sold 21,954 shares for $1.41 each. As a result, the insider received 30,955 and left with 875,795 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 58761428 and an Enterprise Value of 64705472.
Stock Price History:
The Beta on a monthly basis for RENB is 0.53, which has changed by -0.7855346 over the last 52 weeks, in comparison to a change of 0.09544468 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 $0.27. The 50-Day Moving Average of the stock is 1.02%, while the 200-Day Moving Average is calculated to be -48.23%.
Shares Statistics:
According to the various share statistics, RENB traded on average about 3.17M shares per day over the past 3-months and 5725920 shares per day over the past 10 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 1748563200 were 4694323 with a Short Ratio of 1.48, compared to 1745971200 on 5097551. Therefore, it implies a Short% of Shares Outstanding of 4694323 and a Short% of Float of 3.7900000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
