RENN Fund (NYSEAMERICAN:RCG) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

RENN Fund, Inc. (NYSEAMERICAN:RCGGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.63 and traded as low as $2.46. RENN Fund shares last traded at $2.57, with a volume of 4,728 shares traded.

RENN Fund Stock Up 2.0 %

The business’s 50 day moving average is $2.63.

About RENN Fund

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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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