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The closing price of Smart Share Global Ltd ADR (NASDAQ: EM) was $1.3 for the day, up 0.78% from the previous closing price of $1.29. In other words, the price has increased by $0.78 from its previous closing price. On the day, 2.76 million shares were traded. EM stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.28.
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 329678688 and an Enterprise Value of -2261386752. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at -1.194 whereas that against EBITDA is -28.216.
Stock Price History:
The Beta on a monthly basis for EM is 0.69, which has changed by 0.8181819 over the last 52 weeks, in comparison to a change of 0.14064062 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 $0.50. The 50-Day Moving Average of the stock is 13.34%, while the 200-Day Moving Average is calculated to be 26.79%.
Shares Statistics:
EM traded an average of 217.04K shares per day over the past three months and 1146660 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 1753920000 were 33705 with a Short Ratio of 0.16, compared to 1751241600 on 204555. Therefore, it implies a Short% of Shares Outstanding of 33705 and a Short% of Float of 0.02.
