Renren Inc - ADR Shares Close the Week 24.6% Higher - Weekly Wrap
The company saw its shares close the week 24.6% higher than last week, with trading volume lower than its 30 day average.
Jan 10, 2022 by Kwhen Finance Editors
Renren Inc - ADR (RENN) shares closed this week 24.6% higher than it did at the end of last week. The stock is currently up 24.6% year-to-date, up 230.7% over the past 12 months, and up 686.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%.
Trading Activity
- Shares traded as high as $18.39 and as low as $15.01 this week.
- Shares closed 35.6% below its 52-week high and 251.1% above its 52-week low.
- Trading volume this week was 49.2% higher than the 10-day average and 14.6% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and beats it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and beats it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Renren Inc - ADR | 11.3 | 24.6 | 230.7 | -36.9 | 244.0 |
| Dow Jones Industrial Average | -0.0 | -0.3 | 18.5 | -2.0 | 23.2 |
| S&P 500 Index | -0.4 | -1.9 | 23.9 | -2.5 | 28.8 |
| Technology Industry | 3.0 | 14.6 | -62.2 | -66.5 | 17.5 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by 2446.3%
- The company's stock price performance over the past 12 months beats the peer average by -2877.0%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Renren Inc - ADR | RENN | 0 | 24.6 | 230.7 | -36.9 | 244.0 |
| Peer Avg | N/A | 24.3 | 1.0 | -8.3 | -38.2 | 26.2 |
| Alphabet Inc - Class A | GOOGL | 26.2 | -5.4 | 52.4 | -8.5 | 61.4 |
| Meta Platforms Inc - Class A | FB | 23.5 | -1.4 | 24.0 | -13.4 | 36.0 |
| Baidu Inc - ADR | BIDU | 24.6 | 3.1 | -36.2 | -56.9 | 15.8 |
| Weibo Corp - ADR | WB | 22.1 | 7.9 | -22.9 | -47.9 | 23.6 |
| 51Job Inc. - ADR | JOBS | 0 | -7.2 | -36.3 | -41.3 | 5.9 |
| JOYY Inc - ADR | YY | 73.5 | 8.7 | -38.3 | -66.0 | 27.7 |
| Sohu.com Ltd. - ADR | SOHU | 0 | 1.1 | -0.8 | -33.7 | 13.2 |
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