Renovaro Inc (NASDAQ: RENB): The Stock For Success Over The Next Few Months

In the last trading session, 1.22 million Renovaro Inc (NASDAQ:RENB) shares changed hands as the company’s beta touched 0.64. With the company’s per share price at $0.79 changed hands at -$0.04 or -4.99% during last session, the market valuation stood at $125.77M. RENB’s last price was a discount, traded about -564.56% 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 49.37% up since then. When we look at Renovaro Inc’s average trading volume, we note the 10-day average is 1.75 million shares, with the 3-month average coming to 1.04 million.

Renovaro Inc (NASDAQ:RENB) trade information

Instantly RENB was in red as seen at the end of in last trading. With action 3.84%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -5.16%, with the 5-day performance at 3.84% in the green. However, in the 30-day time frame, Renovaro Inc (NASDAQ:RENB) is -57.63% down. Looking at the short shares, we see there were 3.23 million shares sold at short interest cover period of 4.72 days.

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 February.

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%.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 3.34 shares estimated at $2.65 million under it, the former controlled 8.62% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 4.82% of the shares, roughly 1.87 shares worth around $1.48 million.