Renovaro Biosciences Stock Today

RENB Stock   0.61  0.09  17.31%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 20

 
High
 
Low
Low
Renovaro Biosciences is trading at 0.61 as of the 28th of November 2024, a 17.31 percent increase since the beginning of the trading day. The stock's open price was 0.52. Renovaro Biosciences has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Renovaro Biosciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
2nd of February 2015
Category
Healthcare
Classification
Health Care
Renovaro Biosciences is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 158.72 M outstanding shares of which 3.41 M shares are at this time shorted by private and institutional investors with about 4.72 trading days to cover. More on Renovaro Biosciences

Moving against Renovaro Stock

  0.31MNOV MediciNovaPairCorr

Renovaro Stock Highlights

CEO DirectorDavid Weinstein
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.03930.0442
Fairly Down
Slightly volatile
Gross Profit Margin0.190.21
Moderately Down
Slightly volatile
Total Current Liabilities31.8 M30.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total800.3 K842.4 K
Notably Down
Pretty Stable
Total Assets88.6 M163.1 M
Way Down
Slightly volatile
Total Current Assets1.9 MM
Notably Down
Slightly volatile
Debt Levels
Renovaro Biosciences 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 Renovaro Biosciences' financial leverage. It provides some insight into what part of Renovaro Biosciences' total assets is financed by creditors.
Liquidity
Renovaro Biosciences currently holds 3.79 M in liabilities. Note, when we think about Renovaro Biosciences' use of debt, we should always consider it together with its cash and equity.

Change In Cash

(1.57 Million)
Renovaro Biosciences (RENB) is traded on NASDAQ Exchange in USA. It is located in 2080 Century Park East, Los Angeles, CA, United States, 90067 and employs 25 people. Renovaro Biosciences is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 96.86 M. Renovaro Biosciences conducts business under Biotechnology sector and is part of Health Care industry. The entity has 158.72 M outstanding shares of which 3.41 M shares are at this time shorted by private and institutional investors with about 4.72 trading days to cover. Renovaro Biosciences generates negative cash flow from operations
Check Renovaro Biosciences Probability Of Bankruptcy
Ownership Allocation
Renovaro Biosciences owns a total of 158.72 Million outstanding shares. Renovaro Biosciences has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Renovaro Ownership Details

Renovaro Stock Institutional Holders

InstituionRecorded OnShares
Citigroup Inc2024-09-30
61 K
Goldman Sachs Group Inc2024-06-30
59.1 K
Rhumbline Advisers2024-06-30
45.2 K
Alliancebernstein L.p.2024-06-30
37.9 K
Jane Street Group Llc2024-06-30
35.8 K
Bank Of America Corp2024-06-30
26.3 K
Corebridge Financial Inc2024-06-30
26.2 K
Msa Advisors Llc2024-09-30
25 K
Amvescap Plc.2024-06-30
23 K
Vanguard Group Inc2024-09-30
5.7 M
Blackrock Inc2024-06-30
3.7 M
View Renovaro Biosciences Diagnostics

Renovaro Biosciences Historical Income Statement

At present, Renovaro Biosciences' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 25.4 M, whereas Operating Income is projected to grow to (77.6 M). View More Fundamentals

Renovaro Stock Against Markets

Renovaro Biosciences Corporate Executives

Elected by the shareholders, the Renovaro Biosciences' board of directors comprises two types of representatives: Renovaro Biosciences inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Renovaro. The board's role is to monitor Renovaro Biosciences' management team and ensure that shareholders' interests are well served. Renovaro Biosciences' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Renovaro Biosciences' outside directors are responsible for providing unbiased perspectives on the board's policies.
Serhat GmrkcCoFounder InventorProfile
Luisa PucheCFO SecretaryProfile
Francois MScCOO DevelopmentProfile
When determining whether Renovaro Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Renovaro Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Renovaro Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Renovaro Biosciences Stock:
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Is Biotechnology 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 Renovaro Biosciences. If investors know Renovaro 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 Renovaro Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Return On Assets
(0.15)
Return On Equity
(0.90)
The market value of Renovaro Biosciences is measured differently than its book value, which is the value of Renovaro that is recorded on the company's balance sheet. Investors also form their own opinion of Renovaro Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Renovaro Biosciences' 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 Renovaro Biosciences' market value can be influenced by many factors that don't directly affect Renovaro Biosciences' 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 Renovaro Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renovaro Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renovaro Biosciences' 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.