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The price of Smart Share Global Ltd ADR (NASDAQ: EM) closed at $1.33 in the last session, down -1.48% from day before closing price of $1.35. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 0.59 million shares were traded. EM stock price reached its highest trading level at $1.359 during the session, while it also had its lowest trading level at $1.3201.
Ratios:
We take a closer look at EM’s different ratios to gain a better understanding of the stock. 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 337286112 and an Enterprise Value of -2246174208. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at -1.186 whereas that against EBITDA is -28.026.
Stock Price History:
The Beta on a monthly basis for EM is 0.69, which has changed by 0.8854748 over the last 52 weeks, in comparison to a change of 0.15905356 over the same period for the S&P500. Over the past 52 weeks, EM has reached a high of $1.46, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -1.85%, while the 200-Day Moving Average is calculated to be 9.59%.
Shares Statistics:
According to the various share statistics, EM traded on average about 682.83K shares per day over the past 3-months and 736310 shares per day over the past 10 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 25.24% stake in the company. Shares short for EM as of 1764288000 were 47073 with a Short Ratio of 0.07, compared to 1761868800 on 60868. Therefore, it implies a Short% of Shares Outstanding of 47073 and a Short% of Float of 0.029999999000000003.
