Renovaro Inc (NASDAQ: RENB): Can A Stock Be 20.29% Higher Year-To-Date And Still Be A Loser?

Renovaro Inc (NASDAQ:RENB)’s traded shares stood at 2.55 million during the last session, with the company’s beta value hitting 0.36. At the close of trading, the stock’s price was $1.00, to imply a decrease of -15.55% or -$0.19 in intraday trading. The RENB share’s 52-week high remains $3.38, putting it -238.0% down since that peak but still an impressive 60.0% since price per share fell to its 52-week low of $0.40.

Renovaro Inc (NASDAQ:RENB) trade information

After registering a -15.55% downside in the last session, Renovaro Inc (RENB) has traded red over the past five days. The 5-day price performance for the stock is 18.68%, and 20.32% over 30 days. With these gigs, the year-to-date price performance is 20.29%.

RENB Dividends

Renovaro Inc has its next earnings report out in March. 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.

The next major institution holding the largest number of shares is BLACKROCK INC. with 3.66 million shares, or about 3.7995% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.4 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Renovaro Inc (RENB) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 3.34 shares. This is just over 8.62% of the total shares, with a market valuation of $3.36 million. Data from the same date shows that the other fund manager holds a little less at 1.87, or 4.82% of the shares, all valued at about 1.88 million.