Renovaro Inc [NASDAQ: RENB] gained 53.95% on the last trading session, reaching $1.19 price per share at the time.
If compared to the average trading volume of 1.21M shares, RENB reached a trading volume of 31330650 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Renovaro Inc [RENB]:
The Average True Range (ATR) for Renovaro Inc is set at 0.14 The Price to Book ratio for the last quarter was 2.35, 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] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.37. With this latest performance, RENB shares gained by 44.47% in over the last four-week period, additionally plugging by 73.82% over the last 6 months – not to mention a drop of -41.09% 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 68.35, with the RSI for the last a single of trading hit 77.23, and the three-weeks RSI is set at 62.15 for Renovaro Inc [RENB]. The present Moving Average for the last 50 days of trading for this stock 0.9461, while it was recorded at 0.8944 for the last single week of trading, and 0.9295 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 0.06 and a Current Ratio set at 0.06.
An analysis of Institutional ownership at Renovaro Inc [RENB]
The top three institutional holders of RENB stocks are: VANGUARD GROUP INC with ownership of 5.64 million shares, which is approximately 5.864%. BLACKROCK INC., holding 3.66 million shares of the stock with an approximate value of $$6.4 million in RENB stocks shares; and BLACKROCK INC., currently with $$3.02 million in RENB stock with ownership which is approximately 1.7957%.
