Renovaro Inc [NASDAQ: RENB] loss -8.04% on the last trading session, reaching $1.03 price per share at the time.
If compared to the average trading volume of 820.59K shares, RENB reached a trading volume of 3990501 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Renovaro Inc [RENB]:
The Average True Range (ATR) for Renovaro Inc is set at 0.29 The Price to Book ratio for the last quarter was 1.66, with the Price to Cash per share for the same quarter was set at 0.00.
Trading performance analysis for RENB stock
Renovaro Inc [RENB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -44.72. With this latest performance, RENB shares gained by 76.82% in over the last four-week period, additionally sinking by -41.55% over the last 6 months – not to mention a drop of -71.76% 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 41.82, with the RSI for the last a single of trading hit 36.83, and the three-weeks RSI is set at 48.13 for Renovaro Inc [RENB]. The present Moving Average for the last 50 days of trading for this stock 0.8974, while it was recorded at 1.4030 for the last single week of trading, and 1.2566 for the last 200 days.
Renovaro Inc [RENB]: A deeper dive into fundamental analysis
Renovaro Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.08 and a Current Ratio set at 0.08.
An analysis of Institutional ownership at Renovaro Inc [RENB]
There are presently around $9.36%, or 18.86%% of RENB stock, in the hands of institutional investors.
