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 $1.53, down 10% from the previous day, and has increased 35.4% in one year. It has overperformed other stocks in the Biotechnology industry by 0.58 percentage points. Renovaro stock is currently +289.31% from its 52-week low of $0.39, and -70.86% from its 52-week high of $5.25.
There are currently 143.67M RENB shares outstanding. The market cap of RENB is $219.81M. In the past 24 hours, 1.04M 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 5.04x, relative to Biotechnology industry P/B ratio of 5.85x
You can access additional valuation analysis on RENB's stock here.
A look at RENB Cashflows and Balance Sheet
Positive Financial Indicators:
- 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:
- RENB has cash burn of 11540959. It does not have sufficient cash and short-term investments to cover this.
- Total RENB debt is higher than 5 years ago, relative to shareholder equity.
- RENB has $1.32M in cash and short term investments. This is not enough to cover its annual cash burn of $11.54M.
- There are more short-term liabilities than short-term assets on the RENB balance sheet.
Metrics for Advanced RENB Traders
Who is buying/selling RENB?
Over the past year, insiders at RENB have bought more shares than they have sold.
Rene Sindlev, Director of RENB, was the latest RENB insider to buy. They bought $250,000.47 worth of RENB shares on Feb 20, 2024.
Learn more about who owns RENB stock here.
Can I get consistent income from RENB stock?
No, Renovaro doesn't provide an income stream by paying out dividends.
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Step 5: Execute your RENB buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you want more info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your RENB investment
Now that you own some shares in RENB, you'll want to keep up with your stock purchase.
Add RENB to a watchlist to get alerted to the latest events about your RENB stock.
RENB Feed
How to Buy Stock in Renovaro
To summarize, here are the 6 steps to buy stock in Renovaro:
- 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 favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Renovaro, add RENB to your watchlist below.
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