Is Renovaro Inc (NASDAQ: RENB) Stock Ready To Get A Higher Bid?

In the last trading session, 2.09 million Renovaro Inc (NASDAQ:RENB) shares changed hands as the company’s beta touched 0.66. With the company’s per share price at $1.04 changed hands at $0.22 or 26.83% during last session, the market valuation stood at $165.07M. RENB’s last price was a discount, traded about -404.81% off its 52-week high of $5.25. The share price had its 52-week low at $0.40, which suggests the last value was 61.54% up since then. When we look at Renovaro Inc’s average trading volume, we note the 10-day average is 0.49 million shares, with the 3-month average coming to 508.01K.

Renovaro Inc (NASDAQ:RENB) trade information

Instantly RENB was in green as seen at the end of in last trading. With action 108.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -67.19%, with the 5-day performance at 108.00% in the green. However, in the 30-day time frame, Renovaro Inc (NASDAQ:RENB) is 93.74% up. Looking at the short shares, we see there were 3.23 million shares sold at short interest cover period of 4.72 days.

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Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -11.80%.

RENB Dividends

Renovaro Inc is expected to release its next quarterly earnings report in January.

Renovaro Inc (NASDAQ:RENB)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 50.38% of Renovaro Inc shares while 9.36% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.86%.