Renovaro Inc [NASDAQ: RENB] stock went on a downward path that fall over -0.66% on Tuesday, amounting to a one-week price decrease of less than -10.00%.
Over the last 12 months, RENB stock dropped by -80.41%.
The market cap for the stock reached $49.57 million, with 162.39 million shares outstanding and 83.77 million shares in the current float. Compared to the average trading volume of 996.81K shares, RENB stock reached a trading volume of 77240226 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Renovaro Inc [RENB]:
The Average True Range (ATR) for Renovaro Inc is set at 0.05 The Price to Book ratio for the last quarter was 0.53, with the Price to Cash per share for the same quarter was set at 0.01.
RENB Stock Performance Analysis:
Renovaro Inc [RENB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.00. With this latest performance, RENB shares dropped by -14.26% in over the last four-week period, additionally sinking by -52.81% over the last 6 months – not to mention a drop of -80.41% 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 36.75, with the RSI for the last a single of trading hit 34.66, and the three-weeks RSI is set at 37.61 for Renovaro Inc [RENB]. The present Moving Average for the last 50 days of trading for this stock 0.3863, while it was recorded at 0.3035 for the last single week of trading, and 0.6786 for the last 200 days.
Insight into Renovaro Inc Fundamentals:
Renovaro Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.13 and a Current Ratio set at 0.13.
Renovaro Inc [RENB] Institutonal Ownership Details
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%.
