How to Buy Renx Enterprises Stock
Renx Enterprises Corp
Safe and Green Development Corporation provides real property development services. It operates through two segments, Real Estate Development and Technology. The company develops single and multi-family housing.
Renx Enterprises stock last closed at $0.25, up 42.37% from the previous day, and has decreased 88.7% in one year. It has underperformed other stocks in the Real Estate - Development industry by 0.7 percentage points. Renx Enterprises stock is currently +48.24% from its 52-week low of $0.17, and -91.68% from its 52-week high of $3.03.
At the moment, there are 9.05M RENX shares outstanding. The market cap of RENX is $2.28M. In the last 24 hours, 27.13M RENX shares were traded.
How to Buy Renx Enterprises Stock
Not sure how to invest in Renx Enterprises stock? Here's how.
- Choose where to buy Renx Enterprises stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Renx Enterprises stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your method of payment and add your information.
- Evaluate Renx Enterprises stock: The Renx Enterprises ticker symbol is RENX. Is Renx Enterprises stock a good investment? Should you buy shares of RENX? How do RENX's underlying business fundamentals look? Do top analysts think Renx Enterprises is a good buy? Why has RENX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if RENX is a good stock to buy).
- Make your RENX buy order: Decide if you will purchase RENX shares at the current market price or use a limit order to purchase RENX stock at a given price.
- Keep an eye on your RENX position: Create a watchlist to important notifications about your investment in Renx Enterprises stock.
Step 1: Choose where to buy Renx Enterprises stock
You will need a brokerage account in order to access the NASDAQ market and buy RENX stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to world financial markets: From Technology to Real Estate, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can invest in RENX today.
How to Start 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.
- Provide your personal details to create a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on stock apps to use, your next step is to transfer the money for your investment:
Watch the video below for more details depositing money into your investment account.
Step 4: Evaluate Renx Enterprises stock
After you have identified the best place to buy Renx Enterprises stock, it's critical to evaluate their stock before you buy, so you can understand the risk and opportunity.
Renx Enterprises Metrics
RENX Fundamentals
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on RENX's stock page.
Is RENX stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge RENX's intrinsic value.
Using relative valuations metrics:
- RENX may be overvalued based on its P/B ratio of 1.25x, relative to Real Estate - Development industry P/B ratio of 0.97x
You can access more valuation research on RENX's stock here.
RENX Financial Health Overview
Pros:
- RENX has $1.19M in cash and short term investments. This is enough to cover its annual cash burn of $2.12M.
Cons:
- There are more long-term liabilities than short-term assets on the RENX balance sheet.
- RENX profit margin has gone up by 48.98 percentage points in the past year, but the company is still unprofitable.
- RENX has a relatively high debt to equity ratio of 20.02.
- RENX has cash burn of 2123685. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the RENX balance sheet.
RENX Earnings
Last year, RENX revenue was $4.97M. In the past one years, RENX's revenue has grown by 2,770.15% per year. This was faster than the Real Estate - Development industry average of 21.83%.
Dig into RENX's earnings and revenue performance here.
Latest Insiders Trades at RENX
In the last year, insiders at RENX have not bought or sold any shares.
Get more info about who owns RENX stock here.
Does RENX provide a stable income stream?
No, Renx Enterprises doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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 investors have to say.
Step 5: Make your RENX buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional help investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your RENX position
Now that you own some RENX shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to get notified of the latest news about your RENX stock.
RENX Feed
How to Buy Stock in Renx Enterprises
To summarize, here are the 6 steps to buy stock in Renx Enterprises:
- Choose where to buy Renx Enterprises stock
- Create a brokerage account
- Fund your investment account
- Evaluate Renx Enterprises stock
- Make your RENX buy order
- Keep an eye on your RENX position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Renx Enterprises, create a watchlist today.
Other "How To" Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.