Renovorx Stock Today

RNXT Stock  USD 1.29  0.08  6.61%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Over 70

 
High
 
Low
Quite High
RenovoRx is selling for under 1.29 as of the 23rd of November 2024; that is 6.61 percent increase since the beginning of the trading day. The stock's last reported lowest price was 1.21. RenovoRx has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for RenovoRx are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
26th of August 2021
Category
Healthcare
Classification
Health Care
RenovoRx, Inc., a clinical-stage biopharmaceutical company, focuses on developing therapies for the treatment of solid tumors. RenovoRx, Inc. was founded in 2009 and is headquartered in Los Altos, California. Renovorx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 24 M outstanding shares of which 71.85 K shares are at this time shorted by private and institutional investors with about 3.43 trading days to cover. More on RenovoRx

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RenovoRx Stock Highlights

Secretary CEOShaun Bagai
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities1.3 M1.2 M
Significantly Up
Slightly volatile
Non Current Liabilities Total4.7 M3.3 M
Significantly Up
Slightly volatile
Total Assets1.4 M1.5 M
Notably Down
Slightly volatile
Total Current Assets1.4 M1.5 M
Notably Down
Slightly volatile
Debt Levels
RenovoRx 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 RenovoRx's financial leverage. It provides some insight into what part of RenovoRx's total assets is financed by creditors.
Liquidity
RenovoRx currently holds 4.47 M in liabilities. RenovoRx has a current ratio of 9.81, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about RenovoRx's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

(1.62 Million)
RenovoRx (RNXT) is traded on NASDAQ Exchange in USA. It is located in 4546 El Camino Real, Los Altos, CA, United States, 94022 and employs 8 people. RenovoRx 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 29.04 M. RenovoRx conducts business under Biotechnology sector and is part of Health Care industry. The entity has 24 M outstanding shares of which 71.85 K shares are at this time shorted by private and institutional investors with about 3.43 trading days to cover. RenovoRx currently holds about 10.77 M in cash with (10.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.19.
Check RenovoRx Probability Of Bankruptcy
Ownership Allocation
RenovoRx owns a total of 24 Million outstanding shares. Roughly 89.92 pct. of RenovoRx outstanding shares are held by general public with 1.9 % owned by insiders and only 8.18 (%) by third-party entities. 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 RenovoRx Ownership Details

RenovoRx Stock Institutional Holders

InstituionRecorded OnShares
Tower Research Capital Llc2024-06-30
7.4 K
Ubs Group Ag2024-06-30
1.3 K
Royal Bank Of Canada2024-06-30
203
Bank Of America Corp2024-06-30
182
Family Firm Inc2024-09-30
0.0
Wells Fargo & Co2024-06-30
0.0
Renaissance Technologies Corp2024-09-30
0.0
Adar1 Capital Management Llc2024-06-30
355.2 K
Geode Capital Management, Llc2024-06-30
143.9 K
Watch Point Trust Co2024-09-30
97.2 K
Millennium Management Llc2024-06-30
86.3 K
View RenovoRx Diagnostics

RenovoRx Historical Income Statement

At this time, RenovoRx's Net Interest Income is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 1.2 M in 2024, whereas Interest Income is likely to drop slightly above 64.3 K in 2024. View More Fundamentals

RenovoRx Stock Against Markets

RenovoRx Corporate Management

CGMA CPAController VPProfile
Ronald CPAVP ControllerProfile
James AhlersChief OfficerProfile
Leesa GentrySenior OperationsProfile
Angela NelmsChief OfficerProfile
Ryan WittSenior PartnershipsProfile
Ramtin MDChairman FounderProfile

Additional Tools for RenovoRx Stock Analysis

When running RenovoRx's price analysis, check to measure RenovoRx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RenovoRx is operating at the current time. Most of RenovoRx's value examination focuses on studying past and present price action to predict the probability of RenovoRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RenovoRx's price. Additionally, you may evaluate how the addition of RenovoRx to your portfolios can decrease your overall portfolio volatility.