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RNNEX Stock Price, Chart, Stats & News

American Funds New Economy R2E
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49.68B
Market cap
34.41x
Current P/E
Forward P/E

RNNEX chart

1M
3M
1Y
5Y
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Fundamentals

Gross margin
47.94%
Operating margin
12.69%
Pretax margin
12.61%
Net margin
9.69%
Effective tax rate
23.08%
ROA
8.56%
ROE
13.83%
D/E
0.02x
Interest coverage ratio

RNNEX valuation

P/E
34.41x
P/S
18.77x
P/B
P/CF
P/FCF
133.22x
P/OCF
PEG
EV multiple
118.30x

About

The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest up to 50% of its assets outside the United States, including in developing countries.

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