InvestorsObserver Gives Renren Stock a Score of 16 Out of 100 Despite -94.17% Drop Over Last 12 Months
March 23, 2023
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Despite the fact that Renren Inc ($NYSE:RENN). stock has seen a -94.17% decrease in value over the past 12 months, investors may still be wondering if it would be beneficial to purchase RENN stock on Friday. InvestorsObserver, a financial resource platform, has used their proprietary ranking system to provide their opinion on the stock and has given it a score of 16 out of 100. This score indicates that InvestorsObserver views Renren Inc. as a weak investment choice that is likely to underperform the market in the near future. The score is based on a variety of criteria such as technical analysis, fundamentals, and market sentiment.
InvestorsObserver considers Renren Inc. to have a weak technical score, a weak fundamental score and a negative market sentiment score. Therefore, investors should be cautious when considering investing in Renren Inc., as the stock is likely to experience further drops in value over the coming months.
Share Price
Despite the stock of Renren Inc. having dropped by a whopping 94.17% over the last 12 months, InvestorsObserver recently gave its stock a score of 16 out of 100. Currently, the media sentiment towards the company is mostly positive. On Monday, the stock opened at $1.3 and closed at $1.4, resulting in a 7.7% rise from the prior closing price of 1.3. This rise in stock price has raised optimism amongst Renren Inc. investors that the company may be able to overcome its short-term losses and remain a dominant player in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Renren Inc. More…
| Total Revenues | Net Income | Net Margin |
| 41.79 | -105.32 | -164.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Renren Inc. More…
| Operations | Investing | Financing |
| -18.11 | 58.04 | -10.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Renren Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 117.03 | 32.69 | 6.01 |
Key Ratios Snapshot
Some of the financial key ratios for Renren Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -59.9% | – | -194.7% |
| FCF Margin | ROE | ROA |
| -43.6% | -41.3% | -43.4% |
Analysis
At GoodWhale, we have conducted a thorough analysis of RENREN INC‘s financials. Our risk rating shows that RENREN INC is a medium risk investment in terms of financial and business aspects. We have identified 2 risk warnings in the income sheet and balance sheet that are worth noting. To get detailed information regarding these risk warnings, feel free to register with us. More…
Peers
It has been competing with a number of other firms, including GainClients Inc, Unity Software Inc, and Livechat Software SA, in the market for providing online solutions to businesses and individuals. Through its innovative products and services, Renren Inc has managed to carve out a strong presence and gain a significant share of the market.
– GainClients Inc ($OTCPK:GCLT)
Unity Software Inc is a San Francisco-based software development company that provides a 3D game engine and other related tools for game development. As of 2022, Unity Software Inc has a market cap of 10.69B, which is an indication of its strong financial position and the potential of its products. Additionally, the company has a Return on Equity of -20.99%, which is an indication of its ability to generate profits from its investments. This suggests that the company is well-positioned to capitalize on future opportunities and remain competitive in the industry. In conclusion, Unity Software Inc appears to be in a strong financial position with a strong market cap and return on equity.
– Unity Software Inc ($NYSE:U)
Chatbot Software SA is a leading company in the customer service technology market. It specializes in developing artificial intelligence-driven chatbots that help businesses better engage with their customers. The company has a market capitalization of 2.77B as of 2022, making it one of the most valuable companies in the industry. Its strong financial performance has resulted in an impressive return on equity of 65.76%, which is well above the industry average. The company’s success can be attributed to its focus on innovation and customer-centric services. Chatbot Software SA is dedicated to providing businesses with the latest chatbot technology to ensure customer satisfaction and maximize profits.
Summary
Renren Inc. is a Chinese Internet technology company operating several social networking websites. Despite a sharp drop of 94.17% over the last 12 months, InvestorsObserver gave the stock a score of 16 out of 100. Analysts believe that Renren Inc. may be undervalued at this time despite its low stock score, and that it could produce gains in the future if the company’s business strategy proves successful. Investors should remain cautious and perform their own research before making any decisions about investing in Renren Inc.
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