RENN Fund (NYSEAMERICAN:RCG) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

RENN Fund, Inc. (NYSEAMERICAN:RCGGet Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.67 and traded as low as $2.36. RENN Fund shares last traded at $2.40, with a volume of 8,973 shares trading hands.

RENN Fund Trading Down 3.6 %

The firm’s 50-day moving average price is $2.67.

RENN Fund Company Profile

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RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies.

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