Name: RENN FUND INC (RCG) Stock
Brand: RENN FUND INC
Rating: 1.5 (3 reviews)

Question 1

Can you describe the business of RENN FUND INC?

Accepted Answer

RENN Fund Inc is a US-based company operating in Capital Markets industry. The company is headquartered in New York City, New York.  RENN Fund, Inc. (the Fund) is a registered, non-diversified, closed-end management investment company. The investment objective of the Fund is to provide shareholders with above-market rates of return through capital appreciation and income by investment process that invests in a variety of financial instruments, including common stocks, fixed income and other instruments. In addition, the Fund may sell short stocks, exchange traded funds and exchange traded notes. The company invests in various sectors, including accommodations; asset management; hospitality, metal mining; medicinal chemicals and botanical products; and oil and gas; securities and commodity exchanges; live sports; surgical & medical instruments & apparatus; technology services, and securities, commodity contracts, and other financial investments and related activities. Horizon Kinetics Asset Management LLC is the investment advisor of the Fund. Horizon Kinetics Asset Management LLC is the investment advisor of the Fund.

Question 2

What is the stock price of RENN FUND INC today?

Accepted Answer

The current stock price of RCG is 2.57 USD. The price increased by 1.58% in the last trading session.

Question 3

What is the ChartMill rating of RENN FUND INC stock?

Accepted Answer

RCG has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 3 out of 10.

Question 4

Is RENN FUND INC (RCG) stock a good buy?

Accepted Answer

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on RCG.

Show Percentage Diff	2023 (2023-12-31)	2022 (2022-12-31)	2021 (2021-12-31)	2020 (2020-12-31)	2019 (2019-12-31)
ASSETS
Current Assets
Cash	25.20K	92.20K	158.80K	32.80K	200.00
Cash Equivalents	N/A	N/A	N/A	N/A	N/A
Receivables	27.80K	20.00K	1.30K	300.00	6.40K
Other Current Assets	4.80K	400.00	400.00	3.20K	12.60K
Total Current Assets	57.80K	112.60K	160.40K	36.30K	19.10K

Non-Current Assets
Investments And Advances	13.89M	14.80M	16.91M	11.90M	13.54M
Total Non-Current Assets	13.90M	14.81M	16.92M	11.90M	13.64M

TOTAL ASSETS	13.95M	14.92M	17.08M	11.94M	13.66M

LIABILITIES
Current Liabilities
Short Term Debt	0.00	0.00	0.00	0.00	0.00
Accrued Expenses	2.20K	2.80K	2.80K	600.00	500.00
Accounts Payable	72.40K	72.70K	76.70K	44.60K	48.00K
Other Current Liabilities	500.00	600.00	1.90K	10.70K	N/A
Total Current Liabilities	75.10K	76.10K	81.40K	56.00K	48.50K

Non-Current Liabilities
Long Term Debt	0.00	0.00	0.00	0.00	1.25M
Other Non-Current Liabilities	41.60K	18.10K	19.00K	25.30K	9.70K
Total Non-Current Liabilities	41.50K	18.10K	19.00K	25.30K	1.26M

TOTAL LIABILITIES	116.60K	94.20K	100.40K	81.30K	1.31M

SHAREHOLDERS' EQUITY
Retained Earnings	-19.40M	-18.42M	-14.21M	-19.55M	-19.21M
Additional Paid In Capital	33.24M	33.25M	31.19M	31.41M	31.57M
Common Shares	N/A	N/A	N/A	N/A	N/A
Treasury Stock	N/A	N/A	N/A	N/A	N/A
Shares Outstanding	7.02M	7.02M	5.95M	5.95M	5.95M
Tangible Book Value per Share	1.97	2.11	2.85	1.99	2.08
Total Shareholders' Equity	13.84M	14.83M	16.98M	11.86M	12.36M

TOTAL LIABILITIES AND EQUITY	13.95M	14.92M	17.08M	11.94M	13.66M

Statistics
Debt/Equity	N/A	N/A	N/A	N/A	0.10
Current Ratio	0.77	1.48	1.97	0.65	0.39
Return On Assets (ROA)	-6.34%	-28.36%	30.77%	-4.17%	12.39%
Return On Equity (ROE)	-6.39%	-28.54%	30.95%	-4.20%	13.70%
Return On Invested Capital (ROIC)	0.06%	N/A	N/A	N/A	N/A
Return On Invested Capital Ex Cash (ROICexc)	0.06%	N/A	N/A	N/A	N/A
Return On Invested Capital Ex Cash + Goodwill (ROICexgc)	0.06%	N/A	N/A	N/A	N/A

RENN FUND INC (RCG) Stock Price, Forecast & Analysis

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