Renren Inc (NYSE:RENN) has been given a consensus broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell rating.
Analysts have set a 1 year consensus target price of $1.70 for the company, according to Zacks. Zacks has also given Renren an industry rank of 207 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine raised shares of Renren from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.
RENN opened at $1.63 on Monday. The firm has a market capitalization of $112.46 million, a P/E ratio of -1.01 and a beta of 0.65. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.94 and a current ratio of 1.55. Renren has a 12-month low of $1.27 and a 12-month high of $10.44.
Renren Company Profile
Renren Inc operates a social networking Internet platform in the People's Republic of China. It operates through two segments, Renren and Auto Group. The company operates Renren.com and Renren Mobile App that enable users to communicate and stay connected with friends, classmates, family members, and co-workers; and woxiu.com, a PC-based social video platform for users to stream their performances live to viewers.
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