How to Buy Renovaro Stock
Renovaro Inc
Renovaro Biosciences Inc. , a pre-clinical stage biotechnology company, engages in the research and development of pharmaceutical and biological products for the human treatment of human immunodeficiency virus (HIV), hepatitis B virus (HBV), and cancer in the United States.
Renovaro stock last closed at $0.26, down 8.24% from the previous day, and has decreased 64.93% in one year. It has overperformed other stocks in the Biotechnology industry by 0.03 percentage points. Renovaro stock is currently +0.39% from its 52-week low of $0.26, and -87.81% from its 52-week high of $2.10.
There are currently 172.12M RENB shares outstanding. The market cap of RENB is $44.06M. In the past 24 hours, 1.88M RENB shares were traded.
How to Buy Renovaro Stock
Not sure how to invest in Renovaro stock? Here's how.
- Figure out where to buy Renovaro stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Renovaro stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your information.
- Analyze Renovaro stock: The Renovaro ticker symbol is RENB. Is Renovaro stock a good investment? Should you buy shares of RENB? How do RENB's underlying business fundamentals look? Do top analysts think Renovaro is a good buy? Why has RENB's stock price moved recently? (Hint: Our stock analysis website can help you figure out if RENB is a good stock to buy).
- Execute your RENB buy order: Decide if you will purchase RENB shares at the current market price or use a limit order to purchase RENB stock at a given price.
- Get the latest news on your RENB investment: Create a watchlist to keep tabs on your new investment in Renovaro shares.
Step 1: Figure out where to buy Renovaro stock
You need an online brokerage account in order to access the NASDAQ market and buy RENB shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to invest in RENB today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on the highest rated stock app, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring funds into your investment account.
Step 4: Analyze Renovaro stock
Once you have figured out the best place to buy Renovaro stock, it's important to analyze their stock before you buy, so you truly understand the risk as well as the upside.
Renovaro Numbers
Renovaro Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on RENB's stock page.
Is RENB stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RENB's true value.
Using relative valuations metrics:
- RENB may be undervalued based on its P/B ratio of 0.5x, relative to Biotechnology industry P/B ratio of 4.28x
You can access additional valuation analysis on RENB's stock here.
A look at RENB Cashflows and Balance Sheet
Positive Financial Indicators:
- RENB has $1.63M in cash and short term investments. This is sufficient to cover its annual cash burn of $8.50M.
- RENB has a low debt to equity ratio of 0.33.
- There are more short-term assets than long-term liabilities on the RENB balance sheet.
Negative Financial Indicators:
- There are more short-term liabilities than short-term assets on the RENB balance sheet.
- RENB has cash burn of 8500844. It does not have enough cash and short-term investments to cover this.
- Total RENB debt is higher than 5 years ago, relative to shareholder equity.
Metrics for Advanced RENB Traders
Who is buying/selling RENB?
Over the past year, insiders at RENB have not bought or sold any shares.
Research more about who owns RENB shares here.
Does RENB stock generate passive income?
No, Renovaro doesn't provide an income stream by paying out dividends.
What do other investors have to say about RENB?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your RENB buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your RENB investment
Now that you own some RENB stock, you'll want to stay up-to-date on your shares.
Make a watchlist to track the most important metrics related to your RENB stock.
RENB Feed
How to Buy Stock in Renovaro
To summarize, here are the 6 steps to buy Renovaro stock:
- Figure out where to buy Renovaro stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Renovaro stock
- Execute your RENB buy order
- Get the latest news on your RENB investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your investment in Renovaro, click below.
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