NASDAQ
RANI

Rani Therapeutics Holdings Inc

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

Rani Therapeutics Holdings Inc Stock Price

Vitals

Today's Low:
$3.06
Today's High:
$3.5699
Open Price:
$3.4
52W Low:
$3.06
52W High:
$10.8
Prev. Close:
$3.45
Volume:
53477

Company Statistics

Market Cap.:
$193.90 million
Book Value:
0.944
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$2.72 million
Profit Margin:
0%
Return on Assets TTM:
-45.67%
Return on Equity TTM:
-94.05%

Company Profile

Rani Therapeutics Holdings Inc had its IPO on 2021-07-30 under the ticker symbol RANI.

The company operates in the Healthcare sector and Biotechnology industry. Rani Therapeutics Holdings Inc has a staff strength of 163 employees.

Stock update

Shares of Rani Therapeutics Holdings Inc opened at $3.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.06 - $3.57, and closed at $3.08.

This is a -10.72% slip from the previous day's closing price.

A total volume of 53,477 shares were traded at the close of the day’s session.

In the last one week, shares of Rani Therapeutics Holdings Inc have slipped by -18.95%.

Rani Therapeutics Holdings Inc's Key Ratios

Rani Therapeutics Holdings Inc has a market cap of $193.90 million, indicating a price to book ratio of 4.6693 and a price to sales ratio of 313.1706.

In the last 12-months Rani Therapeutics Holdings Inc’s revenue was $0 with a gross profit of $2.72 million and an EBITDA of $-67942000. The EBITDA ratio measures Rani Therapeutics Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rani Therapeutics Holdings Inc’s operating margin was 0% while its return on assets stood at -45.67% with a return of equity of -94.05%.

In Q2, Rani Therapeutics Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 100%.

Rani Therapeutics Holdings Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-1.4 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rani Therapeutics Holdings Inc’s profitability.

Rani Therapeutics Holdings Inc stock is trading at a EV to sales ratio of 84.2765 and a EV to EBITDA ratio of -1.9562. Its price to sales ratio in the trailing 12-months stood at 313.1706.

Rani Therapeutics Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$83.51 million
Total Liabilities
$5.74 million
Operating Cash Flow
$0
Capital Expenditure
$335000
Dividend Payout Ratio
0%

Rani Therapeutics Holdings Inc ended 2024 with $83.51 million in total assets and $0 in total liabilities. Its intangible assets were valued at $83.51 million while shareholder equity stood at $24.09 million.

Rani Therapeutics Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $5.74 million in other current liabilities, 5000.00 in common stock, $-56594000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $7.55 million and cash and short-term investments were $74.61 million. The company’s total short-term debt was $856,000 while long-term debt stood at $29.27 million.

Rani Therapeutics Holdings Inc’s total current assets stands at $76.37 million while long-term investments were $0 and short-term investments were $67.05 million. Its net receivables were $0 compared to accounts payable of $1.04 million and inventory worth $0.

In 2024, Rani Therapeutics Holdings Inc's operating cash flow was $0 while its capital expenditure stood at $335000.

Comparatively, Rani Therapeutics Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$3.08
52-Week High
$10.8
52-Week Low
$3.06
Analyst Target Price
$22.25

Rani Therapeutics Holdings Inc stock is currently trading at $3.08 per share. It touched a 52-week high of $10.8 and a 52-week low of $10.8. Analysts tracking the stock have a 12-month average target price of $22.25.

Its 50-day moving average was $4.09 and 200-day moving average was $5.28 The short ratio stood at 30.14 indicating a short percent outstanding of 0%.

Around 5116.5% of the company’s stock are held by insiders while 1184.2% are held by institutions.

Frequently Asked Questions About Rani Therapeutics Holdings Inc

The stock symbol (also called stock or share ticker) of Rani Therapeutics Holdings Inc is RANI

The IPO of Rani Therapeutics Holdings Inc took place on 2021-07-30

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About

Rani Therapeutics Holdings, Inc. operates as a clinical stage biotherapeutics company that develops orally administered biologics. The company develops the RaniPill capsule, a drug-agnostic oral delivery platform to deliver a variety of drug substances, including large molecules, such as peptides, proteins, and antibodies. Its product pipeline includes RT-101, an octreotide, which has completed Phase I clinical trial for the treatment of neuroendocrine tumors and acromegaly; RT-102, a parathyroid hormone that is in Phase I clinical trial for the treatment of osteoporosis; RT-105, an anti-TNF-alpha antibody that is in preclinical studies to treat psoriatic arthritis; RT-110, a parathyroid hormone for the treatment of hypoparathyroidism; and RT-111, an ustekinumab biosimilar for the treatment of various inflammatory conditions. The company was incorporated in 2012 and is headquartered in San Jose, California.

Address

2051 Ringwood Avenue, San Jose, CA, United States, 95131