NYSE MKT
RCG

RENN Fund Inc

Asset Management
Financial Services

Prices are adjusted according to historical splits.

RENN Fund Inc Stock Price

Vitals

Today's Low:
$1.8499
Today's High:
$1.8499
Open Price:
$1.8499
52W Low:
$1.62
52W High:
$2.1987
Prev. Close:
$1.78
Volume:
1438

Company Statistics

Market Cap.:
$12.49 million
Book Value:
2.099
Revenue TTM:
$254980
Operating Margin TTM:
1.08%
Gross Profit TTM:
$223445
Profit Margin:
-39.59%
Return on Assets TTM:
0.01%
Return on Equity TTM:
-0.68%

Company Profile

RENN Fund Inc had its IPO on 1996-05-15 under the ticker symbol RCG.

The company operates in the Financial Services sector and Asset Management industry. RENN Fund Inc has a staff strength of 0 employees.

Stock update

Shares of RENN Fund Inc opened at $1.85 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.85 - $1.85, and closed at $1.85.

This is a +3.93% increase from the previous day's closing price.

A total volume of 1,438 shares were traded at the close of the day’s session.

In the last one week, shares of RENN Fund Inc have increased by +0.54%.

RENN Fund Inc's Key Ratios

RENN Fund Inc has a market cap of $12.49 million, indicating a price to book ratio of 0.9307 and a price to sales ratio of 95.0835.

In the last 12-months RENN Fund Inc’s revenue was $254980 with a gross profit of $223445 and an EBITDA of $0. The EBITDA ratio measures RENN Fund Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, RENN Fund Inc’s operating margin was 1.08% while its return on assets stood at 0.01% with a return of equity of -0.68%.

In Q2, RENN Fund Inc’s quarterly earnings growth was a negative -99.8% while revenue growth was a positive 29.8%.

RENN Fund Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG
0

Its diluted EPS in the last 12-months stands at $-0.66 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. 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 RENN Fund Inc’s profitability.

RENN Fund Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 95.0835.

RENN Fund Inc stock pays annual dividends of $0.004 per share, indicating a yield of 0.19% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$14.92 million
Total Liabilities
$624.00
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

RENN Fund Inc ended 2024 with $14.92 million in total assets and $0 in total liabilities. Its intangible assets were valued at $14.92 million while shareholder equity stood at $14.83 million.

RENN Fund Inc ended 2024 with $0 in deferred long-term liabilities, $624.00 in other current liabilities, 33252612.00 in common stock, $-18424260.00 in retained earnings and $0 in goodwill. Its cash balance stood at $92205.00 and cash and short-term investments were $92205.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

RENN Fund Inc’s total current assets stands at $112190.00 while long-term investments were $14.80 million and short-term investments were $0. Its net receivables were $19985.00 compared to accounts payable of $624.00 and inventory worth $0.

In 2024, RENN Fund Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, RENN Fund Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$1.85
52-Week High
$2.1987
52-Week Low
$1.62
Analyst Target Price
$

RENN Fund Inc stock is currently trading at $1.85 per share. It touched a 52-week high of $2.1987 and a 52-week low of $2.1987. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.83 and 200-day moving average was $1.81 The short ratio stood at 0.48 indicating a short percent outstanding of 0%.

Around 1489.8% of the company’s stock are held by insiders while 1585.4% are held by institutions.

Frequently Asked Questions About RENN Fund Inc

The stock symbol (also called stock or share ticker) of RENN Fund Inc is RCG

The IPO of RENN Fund Inc took place on 1996-05-15

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About

RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States.

Address

470 Park Avenue, South, New York, NY, United States, 10016