InvestorsObserver is giving Renren Inc (RENN) an Analyst Rating Rank of 1, meaning RENN is ranked higher by analysts than 1% of stocks. The average projection by analysts for RENN is $0.8 over the next 12 months and analyst’s classify the stock as a Strong Sell
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Renren Inc Stock Today?
Renren Inc (RENN) stock is trading at $3.64 as of 2:45 PM on Friday, Sep 25, a gain of $0.25, or 7.37% from the previous closing price of $3.39. The stock has traded between $3.21 and $3.69 so far today. Volume today is low. So far 188,503 shares have traded compared to average volume of 623,036 shares.
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