Renalytix Plc ADR (RNLX) Shares Decline by -10.88% to Close at $1.31

As of close of business last night, Renalytix Plc ADR’s stock clocked out at $1.31, down -10.88% from its previous closing price of $1.47. In other words, the price has decreased by -$0.1600 from its previous closing price. On the day, 1942992 shares were traded.

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Ratios:

To gain a deeper understanding of RNLX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.59.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on January 18, 2022, initiated with a Buy rating and assigned the stock a target price of $30.

On January 04, 2022, BTIG Research started tracking the stock assigning a Buy rating and target price of $24.

On October 04, 2021, Guggenheim started tracking the stock assigning a Buy rating and target price of $28.Guggenheim initiated its Buy rating on October 04, 2021, with a $28 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RNLX now has a Market Capitalization of 63.91M and an Enterprise Value of 65.56M. For the stock, the TTM Price-to-Sale (P/S) ratio is 27.16. Its current Enterprise Value per Revenue stands at 27.20 whereas that against EBITDA is -1.78.

Stock Price History:

Over the past 52 weeks, RNLX has reached a high of $4.04, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 0.5392, while the 200-Day Moving Average is calculated to be 1.5776.

Shares Statistics:

It appears that RNLX traded 1.87M shares on average per day over the past three months and 3.31M shares per day over the past ten days. A total of 46.89M shares are outstanding, with a floating share count of 46.30M. Shares short for RNLX as of Feb 15, 2024 were 601.79k with a Short Ratio of 0.68, compared to 672.18k on Jan 12, 2024.

Earnings Estimates

As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.09, while EPS last year was -$0.28. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.06 and low estimates of -$0.09.

Analysts are recommending an EPS of between -$0.31 and -$0.37 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is -$0.27, with 2 analysts recommending between -$0.27 and -$0.28.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $950k. It ranges from a high estimate of $1.1M to a low estimate of $800k. As of the current estimate, Renalytix Plc ADR’s year-ago sales were $724k, an estimated increase of 31.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.45M, an increase of 179.90% over than the figure of $31.20% in the same quarter last year. There is a high estimate of $1.6M for the next quarter, whereas the lowest estimate is $1.3M.

A total of 2 analysts have provided revenue estimates for RNLX’s current fiscal year. The highest revenue estimate was $4M, while the lowest revenue estimate was $3.2M, resulting in an average revenue estimate of $3.6M. In the same quarter a year ago, actual revenue was $3.4M, up 5.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $16.05M in the next fiscal year. The high estimate is $18M and the low estimate is $14.1M. The average revenue growth estimate for next year is up 345.80% from the average revenue estimate for this year.

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