At the time of writing, Renovaro Inc [RENB] stock is trading at $0.34, up 3.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RENB shares have gain 15.51% over the last week, with a monthly amount drifted -11.09%, 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 $0.28 and $2.34. Renovaro Inc [NASDAQ: RENB] shares were valued at $0.34 at the most recent close of the market.
Analyzing the RENB fundamentals
Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -508.01%, Pretax Profit Margin comes in at -464.14%, and Net Profit Margin reading is -464.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.76, Equity is -0.7 and Total Capital is -1.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 0.3101 points at the first support level, and at 0.2851 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3701, and for the 2nd resistance point, it is at 0.4051.
Ratios To Look Out For
It is important to note that Renovaro Inc [NASDAQ:RENB] has a current ratio of 0.06. In addition, the Quick Ratio stands at 0.06 and the Cash Ratio stands at 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.