Is The Chart On Renren Inc. (RENN) Overextended?

Renren Inc. (RENN) has seen some recent movement in the marketplace and its common shares were last quoted at $3.7300 yesterday. Traders are starting to take interest of RENN as the common shares traded as high as $3.8000 and as low as $3.6900 in the last market trading day.

Renren Inc. (RENN) average trading volume is 229.43K. However, in the last market trading day Renren Inc. (RENN) exchanged 38,056 shares. The First support level on RENN is $3.08 and the First resistance level on RENN is $5.93. RENN 50 day moving average is $3.7131 and RENN 200-day moving average is $2.0354.

Renren Inc. (RENN) recent performance has been shown by the recent movement in RENN common shares. RENN has performed -16.93% over the past 4 weeks, RENN has performed 338.82% over the past 3 months and RENN has shown 28.18% over the past 12 months. Renren Inc. (RENN) has a 52 week range of $0.4500 to $5.5000. Renren Inc. (RENN) is trading 728.89% from its 52 week low and -32.18% from its 52 week high. Renren Inc. (RENN) is displaying a 23.72% short float displaying 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 $86.39M and income of -45.30M. and anticipated EPS next year is -221.70%. The market cap of Renren Inc. (RENN) at $86.39M represents how many Traders own shares of RENN and is based off the last price ($3.7300) 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 is at 35.81M and total debt/equity (mrq) is 13.15. . Renren Inc. (RENN) .

RENN is trading -12.40% below (bearish) its SMA20, 28.38% above (bullish) its SMA50 and 75.63% above (bullish) its SMA200.