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The closing price of Smart Share Global Ltd ADR (NASDAQ: EM) was $1.38 for the day, up 0.73% from the previous closing price of $1.37. In other words, the price has increased by $0.73 from its previous closing price. On the day, 0.56 million shares were traded. EM stock price reached its highest trading level at $1.38 during the session, while it also had its lowest trading level at $1.36.
Ratios:
Our analysis of EM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.90 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On June 28, 2022, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.80 to $1.40.
On May 11, 2021, Citigroup started tracking the stock assigning a Buy rating and target price of $13.Citigroup initiated its Buy rating on May 11, 2021, with a $13 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EM now has a Market Capitalization of 349966048 and an Enterprise Value of -2220820224. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at -1.172 whereas that against EBITDA is -27.71.
Stock Price History:
The Beta on a monthly basis for EM is 0.70, which has changed by 0.9166666 over the last 52 weeks, in comparison to a change of 0.19088471 over the same period for the S&P500. Over the past 52 weeks, EM has reached a high of $1.45, while it has fallen to a 52-week low of $0.59. The 50-Day Moving Average of the stock is 3.25%, while the 200-Day Moving Average is calculated to be 17.43%.
Shares Statistics:
EM traded an average of 995.03K shares per day over the past three months and 558690 shares per day over the past ten days. A total of 216.55M shares are outstanding, with a floating share count of 212.83M. Insiders hold about 1.72% of the company’s shares, while institutions hold 9.67% stake in the company. Shares short for EM as of 1760486400 were 68658 with a Short Ratio of 0.07, compared to 1757894400 on 63994. Therefore, it implies a Short% of Shares Outstanding of 68658 and a Short% of Float of 0.05.
