NYSE:RENNRenren Stock Price, Forecast & News

Renren's stock was trading at $0.9601 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RENN shares have increased by 408.3% and is now trading at $4.88. View which stocks have been most impacted by Coronavirus.

Renren is scheduled to release its next quarterly earnings announcement on Tuesday, June 9th 2020. View our earnings forecast for Renren.

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 had revenue of $30.70 million for the quarter, compared to the consensus estimate of $30.15 million. View Renren's earnings history.

Renren's stock reverse split on the morning of 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 closing bell on Wednesday, January 8th 2020. An investor that had 100 shares of Renren stock prior to the reverse split would have 33 shares after the split.

News coverage about RENN stock has trended somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Renren earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutRenren.

Renren saw a decline in short interest in April. As of April 30th, there was short interest totaling 144,600 shares, a decline of 9.9% from the April 15th total of 160,400 shares. Based on an average daily trading volume, of 32,000 shares, the short-interest ratio is currently 4.5 days. Approximately 1.0% of the shares of the stock are short sold. View Renren's Current Options Chain.

Some companies that are related to Renren include CooTek (Cayman) (CTK), ZIX (ZIXI), Veritone (VERI), Sohu.com (SOHU), Brightcove (BCOV), NantHealth (NH), Ooma (OOMA), Liberty Tripadvisor Holdings Inc Series A (LTRPA), GTY Technology (GTYH), Kaleyra (KLR), Akerna (KERN), Castlight Health (CSLT), Fang (SFUN), Park City Group (PCYG) and Phunware (PHUN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Renren investors own include Bank of America (BAC), Baidu (BIDU), Chesapeake Energy (CHK), General Electric (GE), Banco Santander (SAN), Ford Motor (F), Nokia Oyj (NOK), SINA (SINA), Walmart (WMT) and BlackBerry (BB).

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

Renren's stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (0.72%).

RENN stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley.

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

One share of RENN stock can currently be purchased for approximately $4.88.

Renren has a market capitalization of $111.90 million and generates $498.20 million in revenue each year. Renren employs 1,157 workers across the globe.

The official website for Renren is www.renren-inc.com.

Renren's mailing address is 5/F NORTH WING 18 JIUXIANQIAO MIDDLE ROAD, BEIJING F4, 100016. The technology company can be reached via phone at 86-10-8448-1818 or via email at [email protected]