RENN Fund, Inc. (RCG)
RENN Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $2.86, down 1.55% on the session, giving a market capitalisation of $20.1M. On trailing twelve-month figures it carries a trailing P/E of 26.88, a net margin of 205.9%. Its beta of 0.16 implies it has historically moved less than the broad market.
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. The fund employs a fundamental analysis with a bottom-up stock picking approach to create its portfolio. It was formerly known as RENN Global Entrepreneurs Fund, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States.
RENN Fund, Inc. is most often compared with the following Financial Services names: