The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -67.19%.However, over the last six months, we can see a stronger performance of -28.28%. Over the last 30 days, the price of RENB has fallen by 93.74%. And in the last five days, it has surged by 108.00%.
Renovaro Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $5.25 on 01/25/24 and the lowest value was $0.40 on 10/09/24.
52-week price history of RENB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Renovaro Inc’s current trading price is -80.19% away from its 52-week high, while its distance from the 52-week low is 163.29%. The stock’s price range during this period has varied between$0.40 and $5.25. The Renovaro Inc’s shares, which operate in the Healthcare, saw a trading volume of around 2.09 million for the day, a figure considerably higher than their average daily volume of 0.51 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Renovaro Inc (RENB) has experienced a quarterly rise of 100.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 165.07M and boasts a workforce of 25 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6763, with a change in price of -0.4100. Similarly, Renovaro Inc recorded 560,113 in trading volume during the last 100 days, posting a change of -28.28%.
RENB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RENB stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.01.
RENB Stock Stochastic Average
Renovaro Inc’s raw stochastic average for the past 50 days is presently 75.44%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 73.42%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 79.07% and 76.44%, respectively.
