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Renren Inc (RENN) Shares Cross Below 200 DMA

By Market News Video Staff, Wednesday, August 3, 2:17 PM ET
Play Video: Learn About The 200 DMA


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In trading on Wednesday, shares of Renren Inc (NYSE:RENN) crossed below their 200 day moving average of $10.10, changing hands as low as $8.69 per share. Renren Inc shares are currently trading down about 10.5% on the day. The chart below shows the one year performance of RENN shares, versus its 200 day moving average:

Renren Inc 200 Day Moving Average Chart

Looking at the chart above, RENN's low point in its 52 week range is $6.13 per share, with $24.00 as the 52 week high point that compares with a last trade of $9.15.

RENN operates in the Application Software sector, among companies like Microsoft Corporation (NASDAQ:MSFT) which is down about 0.7% today, and Google Inc (NASDAQ:GOOG) trading higher by about 0.3%. Below is a three month price history chart comparing the stock performance of RENN, versus MSFT and GOOG.

RENN,MSFT,GOOG Relative Performance Chart


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This Article's Word Cloud:   Application   Average   Below   Channel   Corporation   Crossing   Flexible   Free   GOOG   Google   Growth   Investment   Looking   MSFT   Microsoft   Moving   NYSE   Portfolio   RENN   Renren   Software   Start   Stocks   Their   Trial   Wednesday   about   above   allocation   allows   among   anywhere   asset   average   below   bonds   cash   chart   designed   down   moving   performance   point   portfolio   share   shares   trading   versus   week   with
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Renren Inc (RENN) Shares Cross Below 200 DMA | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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