Renren (NYSE:RENN) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 4 by 1 Brokerage Firm. A sell rating was given by 1 analyst.
Renren (NYSE:RENN) witnessed a decline in the market cap on Tuesday as its shares dropped 1.49% or 0.03 points. After the session commenced at $2.01, the stock reached the higher end at $2.04 while it hit a low of $1.98. With the volume soaring to 946,138 shares, the last trade was called at $1.99. The company has a 52-week high of $3.94. The company has a market cap of $676 million and there are 339,917,850 shares in outstanding. The 52-week low of the share price is $1.78.
Renren Inc. has dropped 39.33% during the last 3-month period . Year-to-Date the stock performance stands at -45.92%.
Renren Inc. operates a real name social networking Internet platform in China. The Company enables users to connect and communicate with each other, share information and user generated content, play online games and enjoy a range of other features and services. Its primary services are: Renren SNS, which includes its main social networking Website and mobile services, and Renren Games, its online games business, available at wan.renren.com and on mobile game distribution platforms, such as Apples Appstore. The Company also offers Renren Fenqi, an Internet finance platform that provides installment financing plans to eligible college students to facilitate their purchases of various consumer goods, such as smartphones, consumer electronics, cosmetics and fashion accessories on its marketplace and various selected e-commerce platforms in China.