RenovoRx Inc (NASDAQ: RNXT) on Friday, plunged -22.94% from the previous trading day, before settling in for the closing price of $1.24. Within the past 52 weeks, RNXT’s price has moved between $0.75 and $1.69.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 2.24%. The company achieved an average annual earnings per share of 17.50%. With a float of $35.39 million, this company’s outstanding shares have now reached $36.65 million.
Considering the fact that the conglomerate employs 10 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 60.83%, operating margin of -4835.0%, and the pretax margin is -4232.5%.
RenovoRx Inc (RNXT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of RenovoRx Inc is 3.42%, while institutional ownership is 24.04%. The most recent insider transaction that took place on Jun 05 ’25, was worth 29,400. In this transaction Chief Medical Officer of this company bought 21,000 shares at a rate of $1.40, taking the stock ownership to the 734,460 shares. Before that another transaction happened on Apr 15 ’25, when Company’s Chief Medical Officer bought 15,000 for $0.90, making the entire transaction worth $13,500. This insider now owns 1,113,460 shares in total.
RenovoRx Inc (RNXT) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.1 earnings per share (EPS) for the period topping the consensus outlook (set at -0.12) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.50% per share during the next fiscal year.
RenovoRx Inc (NASDAQ: RNXT) Trading Performance Indicators
RenovoRx Inc (RNXT) is currently performing well based on its current performance indicators. A quick ratio of 8.61 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 53.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of RenovoRx Inc (RNXT)
Compared to the last year’s volume of 0.16 million, its volume of 0.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.02%.
During the past 100 days, RenovoRx Inc’s (RNXT) raw stochastic average was set at 29.57%, which indicates a significant increase from 11.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0892 in the past 14 days, which was higher than the 0.0722 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2867, while its 200-day Moving Average is $1.1780. Nevertheless, the first resistance level for the watch stands at $1.0236 in the near term. At $1.0917, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1534. If the price goes on to break the first support level at $0.8938, it is likely to go to the next support level at $0.8321. Now, if the price goes above the second support level, the third support stands at $0.7640.
RenovoRx Inc (NASDAQ: RNXT) Key Stats
Market capitalization of the company is 35.02 million based on 36,572K outstanding shares. Right now, sales total 40 K and income totals -8,810 K. The company made 200 K in profit during its latest quarter, and -2,420 K in sales during its previous quarter.
