For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Renovaro Inc (NASDAQ: RENB) was $0.27 for the day, down -9.15% from the previous closing price of $0.3. In other words, the price has decreased by -$9.15 from its previous closing price. On the day, 1.57 million shares were traded. RENB stock price reached its highest trading level at $0.3099 during the session, while it also had its lowest trading level at $0.264.
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.
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 60944136 and an Enterprise Value of 55669244.
Stock Price History:
The Beta on a monthly basis for RENB is 0.54, which has changed by -0.80714285 over the last 52 weeks, in comparison to a change of 0.1116153 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 -15.93%, while the 200-Day Moving Average is calculated to be -57.81%.
Shares Statistics:
RENB traded an average of 3.50M shares per day over the past three months and 2308530 shares per day over the past ten 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 1749772800 were 4999085 with a Short Ratio of 0.27, compared to 1747267200 on 5054467. Therefore, it implies a Short% of Shares Outstanding of 4999085 and a Short% of Float of 4.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
