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NASDAQ:RNLX

Renalytix (RNLX) Stock Price, News & Analysis

$0.45
0.00 (0.00%)
(As of 06/7/2024 ET)
Today's Range
$0.45
$0.46
50-Day Range
$0.36
$0.93
52-Week Range
$0.24
$4.04
Volume
77,391 shs
Average Volume
257,171 shs
Market Capitalization
$34.81 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Renalytix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,008.6% Upside
$5.00 Price Target
Short Interest
Healthy
0.58% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.69 out of 5 stars

Computer And Technology Sector

453rd out of 575 stocks

Medical Laboratories Industry

14th out of 19 stocks

RNLX stock logo

About Renalytix Stock (NASDAQ:RNLX)

Renalytix Plc develops artificial intelligence-enabled in vitro diagnostic solutions for kidney diseases. The company offers KidneyIntelX, a diagnostic platform that employs an artificial intelligence-enabled algorithm that combines various data inputs, including validated blood-based biomarkers, inherited genetics, and personalized patient data from electronic health record systems to generate a unique patient risk score. Its products are used in kidney disease diagnosis and prognosis, clinical care, patient stratification for drug clinical trials, and drug target discovery. Renalytix Plc has a license agreement with Mount Sinai Health System to develop and commercialize licensed products in connection with the application of artificial intelligence for the diagnosis of kidney disease; and Joslin Diabetes Center, Inc. for developing and commercializing products for diagnosing and predicting kidney disease using biomarkers. The company also has a partnership agreement with Atrium Health, Wake Forest Baptist Health, and Wake Forest School of Medicine to implement an advanced clinical care model designed to improve kidney health and reduce kidney disease progression and kidney failure. The company was formerly known as Renalytix AI plc and changed its name to Renalytix Plc in June 2021. Renalytix Plc was incorporated in 2018 and is based in New York, New York.

RNLX Stock Price History

RNLX Stock News Headlines

Renalytix AI earnings: here's what Wall Street expects
Renalytix Sells Stock to Raise Up to $4 Mln
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Company Calendar

Last Earnings
5/15/2024
Today
6/09/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
9/26/2024

Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:RNLX
Fax
N/A
Employees
102
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+1,008.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-45,610,000.00
Net Margins
-1,687.80%
Pretax Margin
-1,687.44%

Debt

Sales & Book Value

Annual Sales
$3.40 million
Book Value
$0.15 per share

Miscellaneous

Free Float
63,059,000
Market Cap
$34.81 million
Optionable
Optionable
Beta
2.88
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Key Executives

  • Mr. James R. McCullough M.B.A. (Age 56)
    Chief Executive Officer
    Comp: $1.04M
  • Mr. Oliver James Sterling III
    Chief Financial Officer
  • Mr. Fergus Fleming (Age 56)
    Chief Technology Officer
  • Mr. Salim Gulamabbas Hamir F.C.A.
    Company Secretary

RNLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Renalytix stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Renalytix in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RNLX shares.
View RNLX analyst ratings
or view top-rated stocks.

What is Renalytix's stock price target for 2024?

1 brokerages have issued 12-month price targets for Renalytix's shares. Their RNLX share price targets range from $5.00 to $5.00. On average, they anticipate the company's share price to reach $5.00 in the next year. This suggests a possible upside of 1,008.6% from the stock's current price.
View analysts price targets for RNLX
or view top-rated stocks among Wall Street analysts.

How have RNLX shares performed in 2024?

Renalytix's stock was trading at $0.39 at the start of the year. Since then, RNLX stock has increased by 15.6% and is now trading at $0.4510.
View the best growth stocks for 2024 here
.

Are investors shorting Renalytix?

Renalytix saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 446,600 shares, a decline of 28.8% from the April 30th total of 627,400 shares. Based on an average daily volume of 810,900 shares, the short-interest ratio is presently 0.6 days.
View Renalytix's Short Interest
.

When is Renalytix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 26th 2024.
View our RNLX earnings forecast
.

How were Renalytix's earnings last quarter?

Renalytix Plc (NASDAQ:RNLX) announced its earnings results on Wednesday, May, 15th. The company reported ($0.08) EPS for the quarter. The business had revenue of $0.54 million for the quarter. Renalytix had a negative trailing twelve-month return on equity of 1,008.88% and a negative net margin of 1,687.80%.

What other stocks do shareholders of Renalytix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Renalytix investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Chimerix (CMRX), CTI BioPharma (CTIC), DRDGOLD (DRD), Forte Biosciences (FBRX).

When did Renalytix IPO?

Renalytix (RNLX) raised $156 million in an initial public offering on Friday, July 17th 2020. The company issued 11,000,000 shares at $14.22 per share. J.P. Morgan and Stifel served as the underwriters for the IPO.

Who are Renalytix's major shareholders?

Renalytix's stock is owned by many different retail and institutional investors. Top institutional shareholders include Pinnacle Associates Ltd. (1.13%).

How do I buy shares of Renalytix?

Shares of RNLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RNLX) was last updated on 6/9/2024 by MarketBeat.com Staff

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