Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Renovaro Inc’s current trading price is -74.56% away from its 52-week high, while its distance from the 52-week low is 117.72%. The stock’s price range over this period has fluctuated between $0.40 and $3.38. The company, operating within the financial sector, had a trading volume of approximately 0.67 million for the day, which was noticeably lower than the average daily share volume of 1.19 million over the last 3 months.
Renovaro Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.38 on 03/08/24 and the lowest value was $0.40 on 10/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Renovaro Inc (RENB) has experienced a quarterly rise of 47.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 136.50M and boasts a workforce of 25 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8060, with a change in price of +0.3775. Similarly, Renovaro Inc recorded 926,562 in trading volume during the last 100 days, posting a change of +78.24%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today, Renovaro Inc’s raw stochastic average for the past 50 days stands at 13.29%, indicating a decline from the raw stochastic average of the last 20 days, which was 48.72%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 40.43% and 35.46% respectively.
RENB Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 2.93% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 26.79%. Over the past 30 days, the price of RENB has fallen by 21.64%. And in the last five days, it has surged by 16.52%.
