NASDAQ:RNLX

Renalytix (RNLX) Stock Price, News & Analysis

$0.63
0.00 (0.00%)
(As of 04/26/2024 ET)
Today's Range
$0.59
$0.67
50-Day Range
$0.62
$1.47
52-Week Range
$0.24
$4.04
Volume
618,408 shs
Average Volume
164,861 shs
Market Capitalization
$38.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Renalytix MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
695.2% Upside
$5.00 Price Target
Short Interest
Healthy
1.09% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.31 out of 5 stars

Computer And Technology Sector

388th out of 590 stocks

Medical Laboratories Industry

12th out of 19 stocks

RNLX stock logo

About Renalytix Stock (NASDAQ:RNLX)

Renalytix Plc develops artificial intelligence-enabled in vitro diagnostic solutions for kidney diseases. The company offers KidneyIntelX, a diagnostic platform that employs an artificial intelligence-enabled algorithm that combines various data inputs, including validated blood-based biomarkers, inherited genetics, and personalized patient data from electronic health record systems to generate a unique patient risk score. Its products are used in kidney disease diagnosis and prognosis, clinical care, patient stratification for drug clinical trials, and drug target discovery. Renalytix Plc has a license agreement with Mount Sinai Health System to develop and commercialize licensed products in connection with the application of artificial intelligence for the diagnosis of kidney disease; and Joslin Diabetes Center, Inc. for developing and commercializing products for diagnosing and predicting kidney disease using biomarkers. The company also has a partnership agreement with Atrium Health, Wake Forest Baptist Health, and Wake Forest School of Medicine to implement an advanced clinical care model designed to improve kidney health and reduce kidney disease progression and kidney failure. The company was formerly known as Renalytix AI plc and changed its name to Renalytix Plc in June 2021. Renalytix Plc was incorporated in 2018 and is based in New York, New York.

RNLX Stock Price History

RNLX Stock News Headlines

Renalytix Sells Stock to Raise Up to $4 Mln
These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
3 Ridiculously Enticing Stocks to Buy for Under a Buck
These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
Renalytix AI Anticipates Medicare Coverage Milestone
BTIG Keeps Their Buy Rating on Renalytix AI (RNLX)
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/27/2024
Next Earnings (Estimated)
6/14/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:RNLX
Fax
N/A
Employees
102
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+695.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-45,610,000.00
Net Margins
-1,736.47%
Pretax Margin
-1,736.18%

Debt

Sales & Book Value

Annual Sales
$3.40 million
Book Value
$0.15 per share

Miscellaneous

Free Float
50,471,000
Market Cap
$38.85 million
Optionable
Optionable
Beta
3.03
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Key Executives

  • Mr. James R. McCullough M.B.A. (Age 56)
    Chief Executive Officer
    Comp: $1.04M
  • Mr. Thomas H. McLain CPA (Age 65)
    M.B.A, President
    Comp: $662.7k
  • Mr. Oliver James Sterling III
    Chief Financial Officer
  • Mr. Fergus Fleming (Age 56)
    Chief Technology Officer
  • Dr. Michael J. Donovan M.D. (Age 69)
    Ph.D., Chief Medical Officer
  • Mr. Howard B. Doran Jr. (Age 63)
    Chief Business Officer
  • Mr. Salim Gulamabbas Hamir F.C.A.
    Company Secretary

RNLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Renalytix stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Renalytix in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RNLX shares.
View RNLX analyst ratings
or view top-rated stocks.

What is Renalytix's stock price target for 2024?

1 Wall Street research analysts have issued 12 month target prices for Renalytix's shares. Their RNLX share price targets range from $5.00 to $5.00. On average, they predict the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 695.2% from the stock's current price.
View analysts price targets for RNLX
or view top-rated stocks among Wall Street analysts.

How have RNLX shares performed in 2024?

Renalytix's stock was trading at $0.39 on January 1st, 2024. Since then, RNLX shares have increased by 61.2% and is now trading at $0.6288.
View the best growth stocks for 2024 here
.

Are investors shorting Renalytix?

Renalytix saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 673,700 shares, a decrease of 15.3% from the March 31st total of 795,200 shares. Based on an average daily trading volume, of 1,830,000 shares, the days-to-cover ratio is presently 0.4 days.
View Renalytix's Short Interest
.

When is Renalytix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, June 14th 2024.
View our RNLX earnings forecast
.

How were Renalytix's earnings last quarter?

Renalytix Plc (NASDAQ:RNLX) posted its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.09) EPS for the quarter, hitting the consensus estimate of ($0.09). The company earned $0.71 million during the quarter, compared to analysts' expectations of $0.70 million. Renalytix had a negative net margin of 1,736.47% and a negative trailing twelve-month return on equity of 1,008.88%.

What other stocks do shareholders of Renalytix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Renalytix investors own include Trevena (TRVN), Advanced Micro Devices (AMD), ChromaDex (CDXC), Chimerix (CMRX), CTI BioPharma (CTIC), DRDGOLD (DRD), Forte Biosciences (FBRX).

When did Renalytix IPO?

Renalytix (RNLX) raised $156 million in an initial public offering (IPO) on Friday, July 17th 2020. The company issued 11,000,000 shares at a price of $14.22 per share. J.P. Morgan and Stifel served as the underwriters for the IPO.

Who are Renalytix's major shareholders?

Renalytix's stock is owned by many different institutional and retail investors. Top institutional shareholders include Pinnacle Associates Ltd. (1.13%).

How do I buy shares of Renalytix?

Shares of RNLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RNLX) was last updated on 4/27/2024 by MarketBeat.com Staff

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