Is American Funds New Economy R2E (RNNEX) a Buy, Sell, or Hold?
NASDAQ : RNNEX
American Funds New Economy R2E
$80.84 USD
$0.26 (0.32%)
- Volume
- 0
- Average Volume
- 0
- Market Capitalization
- $52.42B
- P/E Ratio
- 57.74
- Dividend Yield
- 8.92%
- Price Target
- Year High
- $84.66
- Year Low
- $62.54
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.30
- Current Ratio
- $1.28
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | David O. Nicholas |
| Industry | Asset Management |
| Sector | Financial Services |
| Current Symbol | RNNEX |
| CUSIP | 643822794 |
| CIK | 0000719608 |
| Web | https://www.nicholasfunds.com |
| Phone | (213) 486-9200 |
| Currency | USD |
| Employees | 14 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.02 |
| Payout Ratio | 0.30 |
| Current Ratio | 1.28 |
| Quick Ratio | 1.28 |
| Cash Ratio | 0.47 |
Sales & Book Value
| Annual Sales | $2.4B |
| Price / Sales | 21.85 |
| Cash Flow | 0.00 |
| Price / Cash Flow | 155.11 |
| Price / Book | 0.00 |
Price Target and Rating
| Average Stock Price Forecast | |
| High Stock Price Forecast | |
| Low Stock Price Forecast | |
| Forecast Upside/Downside | % |
| Consensus Rating | N/A |
| Rating Score(0-5) | 0 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $1.4 |
| Trailing P/E Ratio | 57.74 |
| PEG Ratio | 1.72 |
| P/E Growth | 1.72 |
| Net Income | $232.39M |
| Net Margin | 9.69% |
| Pretax Margin | 12.61% |
| Return on Equity | 13.83% |
| Return on Assets | 8.56% |
Financials Score
| AltmanZ Score | 35.12 |
| Piotroski Score | 8.00 |
| Working Capital | 170.09M |
| Total Assets | 2.71B |
| Ebit | 298.51M |
| Market Cap | 51.85B |
| Total Liabilities | 951.38M |
Poll Results
About American Funds New Economy R2E (NASDAQ:RNNEX) Stock
The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest up to 50% of its assets outside the United States, including in developing countries. ...
Frequently Asked Questions
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What is the current American Funds New Economy R2E (RNNEX) stock price?
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American Funds New Economy R2E(NASDAQ:RNNEX) stock price is $80.84 in the last trading session. During the trading session, RNNEX stock reached the peak price of $84.66 while $62.54 was the lowest point it dropped to. The percentage change in RNNEX stock occurred in the recent session was 0.32% while the dollar amount for the price change in RNNEX stock was $0.26.
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RNNEX's industry and sector of operation?
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The NASDAQ listed RNNEX is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of RNNEX?
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How many employees does RNNEX have?
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Number of RNNEX employees currently stands at 14. RNNEX operates from Los Angeles, CA 90071-1406, Los Angeles, CA 53202, US.
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Link for RNNEX official website?
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Official Website of RNNEX is: https://www.nicholasfunds.com
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How do I contact RNNEX?
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RNNEX could be contacted at phone #(213) 486-9200 and can also be accessed through its website. RNNEX operates from Los Angeles, CA 90071-1406, Los Angeles, CA 53202, US.
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How many shares of RNNEX are traded daily?
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The average number of RNNEX shares traded daily for last 3 months was 0.
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What is the market cap of RNNEX currently?
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The market value of RNNEX currently stands at $52.42B with its latest stock price at $80.84