MYOS: MYOS RENS Technology Inc. - Summary | Jitta

MYOS RENS Technology Inc.

NASDAQ:MYOS

Notice
Stock data is unavailable or the company’s delisted.
Price
$11.38
Loss Chance
61.0%
1.96JITTA SCORE
100.00%Over Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (55)
Recent Business Performance (58)
Financial Strength (38)
Return to Shareholders (0)
Competitive Advantage (35)
Jitta Signs
Revenue and EarningEarning loss detected in 2019
Operating MarginInconsistent
Recent Business PerformanceEarning decline 32.26% in the last year
New Share IssuedMore than 50% in 5 years
CapExVery High
Cash Conversion CycleMore than 1 year
Key Stats
Jitta Score
Jitta Line
1.96
100.00%
4.25
103.54%
Personal Products
6.38
63.27%
COMPANY DESCRIPTION
As of November 18, 2020, MYOS RENS Technology Inc. was acquired by MedAvail Inc., in a reverse merger transaction. MYOS RENS Technology Inc. focuses on the discovery, development, and commercialization of nutritional ingredients, functional foods, and other technologies that enhance muscle health and performance. The company primarily focuses on developing Fortetropin for the therapeutic markets, including the treatment of sarcopenia, cachexia, anorexia, obesity, and muscular disorders. Its products include Qurr line of products to support muscle well-being and fitness; Yolked line of products for collegiate and professional athletes; and Myos Canine Muscle Formula line of products for pets. The company sells its products through direct-to-consumer e-commerce platform. It has a research agreement with the University of California to study the effects Of Fortetropin on skeletal muscle protein synthetic rate in older men and women; Rutgers University for the discovery of compounds and products that improve muscle health and performance; Weill Cornell Medical College to study the efficacy of Fortetropin in preventing weight and muscle loss associated with cancer; and McMaster University to study impact of Fortetropin on muscle disuse atrophy in young men. The company was formerly known as MYOS Corporation and changed its name to MYOS RENS Technology Inc. in March 2016. MYOS RENS Technology Inc. was founded in 2007 and is based in Cedar Knolls, New Jersey.