There Is A Quest For Clarity Surrounding Rani Therapeutics Holdings Inc (NASDAQ: RANI) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. The current market capitalization of Rani Therapeutics Holdings Inc is $41.77M. A total of 0.65 million shares were traded on the day, compared to an average of 462.69K shares.

In the most recent transaction, McKinley Kate bought 17,960 shares of RANI for 1.67 per share on Dec 13 ’24. After the transaction, the Chief Business Officer now owns 17,960 company shares. In a previous transaction on Dec 09 ’24, Imran Talat bought 10,296 shares at 1.94 per share. RANI shares that Chief Executive Officer owns now total 494,751.

Among the insiders who sold shares, South Cone Investments Limited disposed of 3,829,360 shares on Oct 15 ’24 at a per-share price of $2.65. This resulted in the 10% Owner holding 8,302,194 shares of RANI after the transaction.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RANI has a high of $4.19 and a low of $0.46.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RANI’s latest balance sheet shows that the firm has $117.45M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $2.64M in liabilities at the time. Its Book Value Per Share was -$0.09, while its Total Shareholder’s Equity was $121.57M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RANI is Buy with a score of 5.00.

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