Renovaro Inc. [NASDAQ: RENB] traded at a high on Wednesday, posting a 8.97 gain after which it closed the day’ session at $0.73.
The results of the trading session contributed to over 9036526 shares changing hands. Over the past one week, the price volatility of Renovaro Inc. stands at 38.65% while the volatility over the past one month is 15.35%.
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The market cap for RENB stock reached $107.68 million, with 147.50 million shares outstanding and 80.98 million shares in the current float. Compared to the average trading volume of 792.95K shares, RENB reached a trading volume of 9036526 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Renovaro Inc. [RENB]?
The Average True Range (ATR) for Renovaro Inc. is set at 0.21 The Price to Book ratio for the last quarter was 0.64, with the Price to Cash per share for the same quarter was set at 0.00.
How has RENB stock performed recently?
Renovaro Inc. [RENB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -43.85. With this latest performance, RENB shares dropped by -53.21% in over the last four-week period, additionally sinking by -83.33% over the last 6 months – not to mention a rise of 12.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RENB stock in for the last two-week period is set at 24.71, with the RSI for the last a single of trading hit 19.54, and the three-weeks RSI is set at 29.41 for Renovaro Inc. [RENB]. The present Moving Average for the last 50 days of trading for this stock 1.3955, while it was recorded at 1.0270 for the last single week of trading, and 2.5836 for the last 200 days.
Renovaro Inc. [RENB]: Deeper insight into the fundamentals
Renovaro Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.06 and a Current Ratio set at 0.06.
Insider trade positions for Renovaro Inc. [RENB]
The top three institutional holders of RENB stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in RENB stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in RENB stock with ownership which is approximately 5.1238%.
