Stock Breakout: Shares Of Renren Inc. (RENN) Spike On New Interest

Renren Inc. (RENN) has seen some recent activity in the stock market and its common shares were last quoted at $4.21 yesterday. People are starting to take interest of RENN as the common shares traded as high as $4.50 and as low as $3.00 in the last market trading day.

Renren Inc. (RENN) average trading volume is 151.41K. However, in the last market trading day Renren Inc. (RENN) traded 2,141,581 shares. The 1st support level on RENN is $3.04. RENN fifty day moving average is $1.3276 and RENN 200-day moving average is $1.6779.

Renren Inc. (RENN) most current performance has been indicated by the recent movement in RENN common shares. RENN has performed 426.25% over the past 4 weeks, RENN has performed 182.55% over the past 3 months and RENN has shown 6.31% over the past 1 year. Renren Inc. (RENN) has a 1 year range of $0.4500 to $4.5000. Renren Inc. (RENN) is trading 835.56% from its 1 year low and 0.24% from its 1 year high. Renren Inc. (RENN) is indicating a 3.53% short float indicating the sum short in the float.

RENN has 7.76M shares outstanding and 4.10M shares in the float. Renren Inc. (RENN) at this time has a market cap of $70.81M and income of $-45.30M. The EPS next quarter for RENN is – and forecasted EPS net year is -221.70%. The market cap of Renren Inc. (RENN) at $70.81M signifies how many People own shares of RENN and is calculated off the last price ($4.2100) of RENN and the sum of shares outstanding (7.76M) with Renren Inc. (RENN).

Renren Inc. (RENN) has total cash (mrq) of 9.87M, total cash per share (mrq) of 0.42, total debt of RENN rests at 35.81M and total debt/equity (mrq) is 13.15.

RENN is trading 177.35% above (bullish) its SMA20, 288.89% above (bullish) its SMA50 and 123.28% above (bullish) its SMA200.