Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Renovaro Inc (NASDAQ: RENB) was $0.85 for the day, down -5.24% from the previous closing price of $0.89. In other words, the price has decreased by -$5.24 from its previous closing price. On the day, 0.74 million shares were traded.
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 0.06 and its Current Ratio is at 0.06. 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.
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.
Stock Price History:
Over the past 52 weeks, RENB has reached a high of $3.38, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -4.45%, while the 200-Day Moving Average is calculated to be -8.49%.
Shares Statistics:
A total of 162.14M shares are outstanding, with a floating share count of 76.90M. Insiders hold about 51.55% of the company’s shares, while institutions hold 13.91% stake in the company.
