At the time of writing, Renovaro Inc [RENB] stock is trading at $0.82, down -7.51%. An important factor to consider is whether the stock is rising or falling in short-term value. The RENB shares have gain 16.51% over the last week, with a monthly amount drifted -26.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Renovaro Inc fluctuated between $0.40 and $5.25. Renovaro Inc [NASDAQ: RENB] shares were valued at $0.82 at the most recent close of the market.
Analyzing the RENB fundamentals
Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -506.49%, Pretax Profit Margin comes in at -449.13%, and Net Profit Margin reading is -449.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.67, Equity is -0.74 and Total Capital is -0.93. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7908 points at the first support level, and at 0.7579 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8658, and for the 2nd resistance point, it is at 0.9079.
Ratios To Look Out For
It is important to note that Renovaro Inc [NASDAQ:RENB] has a current ratio of 0.08. On the other hand, the Quick Ratio is 0.08, and the Cash Ratio is 0.01.
Transactions by insiders
Recent insider trading involved William Anderson Wittekind, 10% Owner, that happened on Jul 29 ’24 when 1114.0 shares were sold. 10% Owner, William Anderson Wittekind completed a deal on Jul 17 ’24 to sell 16362.0 shares. Meanwhile, 10% Owner William Anderson Wittekind sold 21954.0 shares on Jul 15 ’24.
