How To Invest In Renovaro Inc. (NASDAQ: RENB) Stock. Performance & Trends

In the last trading session, 1.29 million shares of the Renovaro Inc. (NASDAQ:RENB) were traded, and its beta was 0.55. Most recently the company’s share price was $0.49, and it changed around -$0.01 or -2.53% from the last close, which brings the market valuation of the company to $72.19M. RENB currently trades at a discount to its 52-week high of $5.25, offering almost -971.43% off that amount. The share price’s 52-week low was $0.42, which indicates that the current value has risen by an impressive 14.29% since then. We note from Renovaro Inc.’s average daily trading volume that its 10-day average is 0.69 million shares, with the 3-month average coming to 562.62K.

Renovaro Inc. (NASDAQ:RENB) trade information

Instantly RENB has showed a red trend with a performance of -2.53% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5489 on recent trading dayincreased the stock’s daily price by 10.73%. The company’s shares are currently down -84.56% year-to-date, but still down -0.73% over the last five days. On the other hand, Renovaro Inc. (NASDAQ:RENB) is -14.32% down in the 30-day period. We can see from the shorts that 3.39 million shares have been sold at a short interest cover period of 11.73 day(s).

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Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -19.64%.

RENB Dividends

Renovaro Inc.’s next quarterly earnings report is expected to be released in November.

Renovaro Inc. (NASDAQ:RENB)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 24.95% of Renovaro Inc. shares, and 9.68% of them are in the hands of institutional investors. The stock currently has a share float of 12.90%.