Rent the Runway Inc (NASDAQ: RENT): What It’s Worth And What To Do About It

Rent the Runway Inc (NASDAQ:RENT)’s traded shares stood at 0.48 million during the last session, with the company’s beta value hitting 0.37. At the close of trading, the stock’s price was $12.35, to imply an increase of 9.49% or $1.07 in intraday trading. The RENT share’s 52-week high remains $64.10, putting it -419.03% down since that peak but still an impressive 63.89% since price per share fell to its 52-week low of $4.46. The company has a valuation of $43.84M, with an average of 1.30 million shares over the past 3 months.

Rent the Runway Inc (NASDAQ:RENT) trade information

After registering a 9.49% upside in the last session, Rent the Runway Inc (RENT) has traded red over the past five days. The stock hit a weekly high of 22.39, jumping 9.49% in its intraday price action. The 5-day price performance for the stock is -35.78%, and 74.73% over 30 days. With these gigs, the year-to-date price performance is 17.06%.

Rent the Runway Inc (RENT) estimates and forecasts

Looking at statistics comparing Rent the Runway Inc share performance against respective industry, we note that the company has outperformed competitors. Rent the Runway Inc (RENT) shares are -1.81% down over the last 6 months, with its year-to-date growth rate higher than industry average at 36.74% against 8.50%.

RENT Dividends

Rent the Runway Inc has its next earnings report out between June 07 and June 11. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Rent the Runway Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.