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 $0.77 in the last session, down -7.69% from day before closing price of $0.84. In other words, the price has decreased by -$7.69 from its previous closing price. On the day, 0.64 million shares were traded.
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 0.08 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.
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 -19.52%, while the 200-Day Moving Average is calculated to be -16.95%.
Shares Statistics:
A total of 162.14M shares are outstanding, with a floating share count of 77.15M. Insiders hold about 51.39% of the company’s shares, while institutions hold 13.91% stake in the company.
