Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Smart Share Global Ltd ADR (NASDAQ: EM) closed the day trading at $1.19 down -1.65% from the previous closing price of $1.21. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 0.69 million shares were traded. EM stock price reached its highest trading level at $1.2155 during the session, while it also had its lowest trading level at $1.19.
Ratios:
For a better understanding of EM, let’s look at its different ratios. 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 301782304 and an Enterprise Value of -2317165824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at -1.223 whereas that against EBITDA is -28.912.
Stock Price History:
The Beta on a monthly basis for EM is 0.69, which has changed by 0.6527778 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, 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 -11.34%, while the 200-Day Moving Average is calculated to be -2.16%.
Shares Statistics:
Over the past 3-months, EM traded about 769.59K shares per day on average, while over the past 10 days, EM traded about 989890 shares per day. 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 1765756800 were 584207 with a Short Ratio of 0.76, compared to 1763078400 on 56774. Therefore, it implies a Short% of Shares Outstanding of 584207 and a Short% of Float of 0.41000000000000003.
