Renren (RENN) Stock Forecast, Price & News

Renren's stock was trading at $1.60 at the start of the year. Since then, RENN stock has decreased by 29.4% and is now trading at $1.13.
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Renren saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 63,600 shares, an increase of 22.3% from the April 30th total of 52,000 shares. Based on an average trading volume of 37,100 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.4% of the company's stock are short sold.
View Renren's Short Interest.

Renren Inc. (NYSE:RENN) issued its quarterly earnings results on Tuesday, March, 18th. The technology company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by $0.06. The technology company earned $30.70 million during the quarter, compared to analysts' expectations of $30.15 million.

Renren announced a -- dividend on Monday, December 12th. Shareholders of record on Monday, November 21st will be given a dividend of $31.5585 per share on Wednesday, December 21st. The ex-dividend date of this dividend is Thursday, December 22nd.
Read our dividend analysis for RENN.

Shares of Renren reverse split on Thursday, January 9th 2020. The 1-3 reverse split was announced on Wednesday, December 11th 2019. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, January 8th 2020. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

10 employees have rated Renren Chief Executive Officer Joseph Chen on Glassdoor.com. Joseph Chen has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Renren investors own include Baidu (BIDU), General Electric (GE), Bank of America (BAC), Ford Motor (F), Banco Santander (SAN), Zynga (ZNGA), Alibaba Group (BABA), Chesapeake Energy (CHKAQ), Netflix (NFLX) and Nokia Oyj (NOK).

Renren trades on the New York Stock Exchange (NYSE) under the ticker symbol "RENN."

Renren's stock is owned by many different retail and institutional investors. Top institutional shareholders include Group One Trading L.P. (0.00%), Acadian Asset Management LLC (1.70%), Two Sigma Investments LP (0.28%), Susquehanna International Group LLP (0.21%), Cutler Group LLC CA (0.00%) and Jane Street Group LLC (0.08%).
View institutional ownership trends.

Shares of RENN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RENN stock can currently be purchased for approximately $1.13.

Renren (NYSE:RENN) has a market capitalization of $29.26 million and generates $45.81 million in revenue each year.

The company employs 324 workers across the globe.

Renren's mailing address is 5/F NORTH WING 18 JIUXIANQIAO MIDDLE ROAD, BEIJING F4, 100016. The official website for the company is www.renren-inc.com. The technology company can be reached via phone at (833) 258-7482, via email at ir@renren-inc.com, or via fax at 86-10-5108-5666.