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After finishing at $5.28 in the prior trading day, ATRenew Inc ADR (NYSE: RERE) closed at $5.35, up 1.33%. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.62 million shares were traded. RERE stock price reached its highest trading level at $5.4 during the session, while it also had its lowest trading level at $5.28.
Ratios:
Our goal is to gain a better understanding of RERE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In the most recent recommendation for this company, BofA Securities on July 15, 2021, initiated with a Buy rating and assigned the stock a target price of $20. On July 14, 2021, Goldman started tracking the stock assigning a Buy rating and target price of $20.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RERE now has a Market Capitalization of 1187955712 and an Enterprise Value of -1083649920. As of this moment, ATRenew’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.17, and their Forward P/E ratio for the next fiscal year is 11.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at -0.055 whereas that against EBITDA is -1.954.
Stock Price History:
The Beta on a monthly basis for RERE is 0.20, which has changed by 0.8512111 over the last 52 weeks, in comparison to a change of 0.17318606 over the same period for the S&P500. Over the past 52 weeks, RERE has reached a high of $5.70, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is 19.16%, while the 200-Day Moving Average is calculated to be 46.38%.
Shares Statistics:
The stock has traded on average 1.54M shares per day over the past 3-months and 1647270 shares per day over the last 10 days, according to various share statistics. Shares short for RERE as of 1765756800 were 2821848 with a Short Ratio of 1.84, compared to 1763078400 on 3170442. Therefore, it implies a Short% of Shares Outstanding of 2821848 and a Short% of Float of 2.32.
Earnings Estimates
. The current rating of ATRenew Inc ADR (RERE) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.
Analysts are recommending an EPS of between $1.74 and $1.71 for the fiscal current year, implying an average EPS of $1.72. EPS for the following year is $2.73, with 2.0 analysts recommending between $2.77 and $2.69.
Revenue Estimates
1 analysts predict $6.12B in revenue for. The current quarter. It ranges from a high estimate of $6.12B to a low estimate of $6.12B. As of. The current estimate, ATRenew Inc ADR’s year-ago sales were $4.85B
A total of 3 analysts have provided revenue estimates for RERE’s current fiscal year. The highest revenue estimate was $20.91B, while the lowest revenue estimate was $20.86B, resulting in an average revenue estimate of $20.89B. In the same quarter a year ago, actual revenue was $16.33BBased on 3 analysts’ estimates, the company’s revenue will be $26.07B in the next fiscal year. The high estimate is $26.17B and the low estimate is $25.96B.
