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. Until today this year the stock’s price performance recorded a decrease of -60.18%. However, over the last six months, the performance has been stronger by -46.08%. The price of RENB decreased -10.95% over the last 30 days. And in the last five days, it has surged by 8.02%.
Renovaro Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.34 on 06/10/24, while the lowest price for the same period was registered at $0.28 on 05/06/25.
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 -85.78% away from its 52-week high, while its distance from the 52-week low is 16.74%. The stock’s price range during this period has varied between$0.28 and $2.34. The Renovaro Inc’s shares, which operate in the Healthcare, saw a trading volume of around 12.87 million for the day, a figure considerably higher than their average daily volume of 1.28 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Renovaro Inc (RENB) has experienced a quarterly decline of -55.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.03M 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 0.6863, with a change in price of -1.3473. Similarly, Renovaro Inc recorded 1,406,279 in trading volume during the last 100 days, posting a change of -80.20%.
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 0.08. Similarly, the long-term debt-to-equity ratio is also 0.01.
RENB Stock Stochastic Average
As of today, Renovaro Inc’s raw stochastic average for the last 50 days stands at 7.76%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 18.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 25.48% and 25.72%, respectively.
