Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Smart Share Global Ltd ADR (NASDAQ: EM) closed at $1.34 down -1.47% from its previous closing price of $1.36. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 1.95 million shares were traded. EM stock price reached its highest trading level at $1.355 during the session, while it also had its lowest trading level at $1.32.
Ratios:
For a deeper understanding of Smart Share Global Ltd ADR’s stock, let’s take a closer look at its various 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 339822112 and an Enterprise Value of -2241103360. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at -1.183 whereas that against EBITDA is -27.963.
Stock Price History:
The Beta on a monthly basis for EM is 0.69, which has changed by 0.88888884 over the last 52 weeks, in comparison to a change of 0.1177547 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 -0.71%, while the 200-Day Moving Average is calculated to be 11.97%.
Shares Statistics:
For the past three months, EM has traded an average of 857.77K shares per day and 573880 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 22.13% stake in the company. Shares short for EM as of 1763078400 were 56774 with a Short Ratio of 0.07, compared to 1760486400 on 68658. Therefore, it implies a Short% of Shares Outstanding of 56774 and a Short% of Float of 0.04.
