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How to buy Renren stock | 4.13

Own Renren stock in just a few minutes.

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Renren Inc is an auto & truck dealerships business based in the US. Renren shares (RENN) are listed on the NYSE and all prices are listed in US Dollars. Renren employs 820 staff and has a trailing 12-month revenue of around USD$349.8 million.

How to buy shares in Renren

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Renren. Find the stock by name or ticker symbol: RENN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Renren reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$4.13, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Renren, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Renren. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Renren's share price?

Since the stock market crash in March caused by coronavirus, Renren's share price has had significant positive movement.

Its last market close was USD$4.13, which is 62.04% up on its pre-crash value of USD$1.5678 and 817.78% up on the lowest point reached during the March crash when the shares fell as low as USD$0.45.

If you had bought USD$1,000 worth of Renren shares at the start of February 2020, those shares would have been worth USD$517.88 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$2,458.47.

Renren share price

Use our graph to track the performance of RENN stocks over time.

Renren shares at a glance

Information last updated 2020-11-23.
Latest market close USD$4.13
52-week range USD$0.45 - USD$6.23
50-day moving average USD$4.4329
200-day moving average USD$3.4365
Wall St. target price USD$1.7
PE ratio 0.7519
Dividend yield USD$9.19 (909.65%)
Earnings per share (TTM) USD$1.197

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Renren stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Renren price performance over time

Historical closes compared with the close of $4.13 from 2020-11-16

1 week (2020-11-17) 8.97%
1 month (2020-10-27) -8.43%
3 months (2020-08-24) 83.56%
6 months (2020-05-23) N/A
1 year (2019-11-23) N/A
2 years (2018-11-23) 171.71%
3 years (2017-11-24) -57.64%
5 years (2015-11-24) 17.66%

Is Renren under- or over-valued?

Valuing Renren stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Renren's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Renren's P/E ratio

Renren's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Renren shares trade at around 1x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Renren financials

Revenue TTM USD$349.8 million
Gross profit TTM USD$2.9 million
Return on assets TTM -20.25%
Return on equity TTM -70.21%
Profit margin -14.61%
Book value $4.436
Market capitalisation USD$103.7 million

TTM: trailing 12 months

Shorting Renren shares

There are currently 152,960 Renren shares held short by investors – that's known as Renren's "short interest". This figure is 57.8% down from 362,267 last month.

There are a few different ways that this level of interest in shorting Renren shares can be evaluated.

Renren's "short interest ratio" (SIR)

Renren's "short interest ratio" (SIR) is the quantity of Renren shares currently shorted divided by the average quantity of Renren shares traded daily (recently around 273142.85714286). Renren's SIR currently stands at 0.56. In other words for every 100,000 Renren shares traded daily on the market, roughly 560 shares are currently held short.

However Renren's short interest can also be evaluated against the total number of Renren shares, or, against the total number of tradable Renren shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Renren's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Renren shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Renren shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Renren.

Find out more about how you can short Renren stock.

Renren share dividends

We're not expecting Renren to pay a dividend over the next 12 months.

Have Renren's shares ever split?

Renren's shares were split on a 1:3 basis on 9 January 2020. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Renren shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Renren shares which in turn could have impacted Renren's share price.

Renren share price volatility

Over the last 12 months, Renren's shares have ranged in value from as little as $0.45 up to $6.23. A popular way to gauge a stock's volatility is its "beta".

RENN.US volatility(beta: 1.65)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Renren's is 1.6466. This would suggest that Renren's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Renren overview

Renren Inc. sells used automobiles and related products in the People's Republic of China. The company also arranges financing options for customers through its financial services partners; provides credit financing to used automobile dealers; and sells new cars, as well as provides value-added services, such as warranties, insurance, and after-sale products and services. It offers vehicles of Audi, BMW, Mercedes-Benz, Land Rover, and Porsche brands at its in-store showrooms; and through Kaixin Auto app, as well as through other online vertical channels, such as Autohome and 58.com. In addition, the company develops Chime, a Software as a Solution platform that offers lead generation and customer relationship management solutions for real estate professionals; and provides customizable lead capture landing pages that offer multiple home value estimates in the United States. Further, it provides online and mobile services for the trucking industry in the United States. The company was formerly known as Oak Pacific Interactive and changed its name to Renren Inc. in December 2010. Renren Inc. was founded in 2002 and is headquartered in Beijing, the People's Republic of China.

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