Renn Fund Today
| RCG Stock | USD 2.79 0.02 0.71% |
Performance10 of 100
| Odds Of DistressOver 51
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RENN Fund is trading at 2.79 as of the 31st of January 2025. This is a 0.71 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.79. RENN Fund has 51 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
Business Domain Financial Services | IPO Date 15th of May 1996 | Classification Financials |
RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States. Renaissance Capital operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.. The company has 7.02 M outstanding shares of which 7 K shares are at this time shorted by investors with about 0.58 days to cover. More on RENN Fund
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Moving against RENN Stock
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RENN Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Russell Cleveland | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Resource Capital Gold Corp, Rcg Corporation Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsRENN Fund can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand RENN Fund's financial leverage. It provides some insight into what part of RENN Fund's total assets is financed by creditors.
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RENN Fund (RCG) is traded on NYSE MKT Exchange in USA. It is located in 470 Park Avenue, South, New York, NY, United States, 10016 and employs 7 people. RENN Fund is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 19.5 M. RENN Fund runs under Capital Markets sector within Financials industry. The entity has 7.02 M outstanding shares of which 7 K shares are at this time shorted by investors with about 0.58 days to cover.
RENN Fund has about 69.89 K in cash with (2.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check RENN Fund Probability Of Bankruptcy
Ownership AllocationThe market capitalization of RENN Fund is $19.5 Million. RENN Fund holds 15.63 pct. of its outstanding shares held by insiders and 16.9 pct. owned by third-party entities. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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RENN Fund Historical Income Statement
RENN Stock Against Markets
RENN Fund Corporate Management
| George CFA | Chief Chairman | Profile | |
| J McCormick | Independent Director | Profile | |
| Lynne Simon | Chief Compliance Officer, Secretary | Profile | |
| Murray Stahl | President, Chairman | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RENN Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RENN Fund. If investors know RENN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Dividend Share 0.015 | Earnings Share 0.16 | Revenue Per Share | Quarterly Revenue Growth 0.175 |
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.