Home / Street Sector / Stocks under Profitability Radar: Rennova Health, Inc. (NASDAQ:RNVA), Momo Inc. (NASDAQ:MOMO)

Stocks under Profitability Radar: Rennova Health, Inc. (NASDAQ:RNVA), Momo Inc. (NASDAQ:MOMO)

Rennova Health, Inc. (NASDAQ:RNVA) also making a luring appeal, share price swings at $0.10 with percentage change of 8.70% in most recent trading session. Rennova Health, Inc. (RNVA) recently reported financial results for the three and nine months ended September 30, 2016, and provided a business update.

“Our third quarter financial results are disappointing and do not reflect the continued performance and success the Company has had in recent months in securing new customers in all divisions of our business. Sales for the third quarter were less than the second quarter as a result of the adjustment of our model towards business for which we are more likely to secure payment, and longer onboarding and integration times to start new customers. Underlying sales in our software division have grown in the third quarter, and we achieved a number of milestones and advanced several initiatives to create cost efficiencies and drive growth in the fourth quarter and throughout 2017,” said Seamus Lagan, Rennova’s chief executive officer.

Profitability Valuation

Gross profit margin is its sub parts that firm has 54.50%. Moving toward returns ratio, RNVA has returns on investment of -334.80% which indicates firm’s investment efficiency or to compare the efficiency of a number of different investments.

The firm attains analyst recommendation of 3.00 on scale of 1-5 with week’s performance of 11.23%.Moving toward ratio analysis, it has current ratio of 0.30 and quick ratio was calculated as 0.30. The firm attains analyst recommendation of 3.00 out of 1-5 scale with week’s performance of 11.23%.

Moving on tracing line, Momo Inc. (NASDAQ:MOMO) need to consider for profitability analysis, in latest session share price swings at $21.50 with percentage change of -0.85%.

The Co has positive 12.30% profit margin to find consistent trends in a firm’s earnings. Gross profit margin and operating profit margin are its sub parts that firm have 64.40% and 8.60% respectively. MOMO has returns on investment of 1.20%. The firm attains analyst recommendation of 1.70 on scale of 1-5 with week’s performance of 0.73%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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