Is Renren Inc stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Renren Inc pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Thursday 22nd of December 2022 were paid $31.5585 per share. Over the last 2 times between 2018 and 2022, Renren Inc has paid $40.746 with an average of $20.37 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Renren Inc 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $2.49, you would have made a loss of $-0.840 per share or -33.73%
No, the average daily trading liquidity for Renren Inc is $41 103 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Renren Inc has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Renren Inc to be medium [0.7 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.