Upward Trajectory: Renalytix Plc ADR (RNLX) Posts a Gaine, Closing at 0.34

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The closing price of Renalytix Plc ADR (NASDAQ: RNLX) was $0.34 for the day, up 4.21% from the previous closing price of $0.33. In other words, the price has increased by $4.21 from its previous closing price. On the day, 1.46 million shares were traded. RNLX stock price reached its highest trading level at $0.3489 during the session, while it also had its lowest trading level at $0.2995.

Ratios:

Our analysis of RNLX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.42.

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 26927474 and an Enterprise Value of 57802220. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.96. Its current Enterprise Value per Revenue stands at 26.025 whereas that against EBITDA is -1.748.

Stock Price History:

The Beta on a monthly basis for RNLX is 2.85, which has changed by -0.89415383 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, RNLX has reached a high of $3.66, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -23.58%, while the 200-Day Moving Average is calculated to be -50.00%.

Shares Statistics:

RNLX traded an average of 1.79M shares per day over the past three months and 9531810 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 1719532800 were 292855 with a Short Ratio of 0.16, compared to 1717113600 on 464909.

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