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The price of ATRenew Inc ADR (NYSE: RERE) closed at $2.58 in the last session, up 2.38% from day before closing price of $2.52. In other words, the price has increased by $2.38 from its previous closing price. On the day, 0.69 million shares were traded. RERE stock price reached its highest trading level at $2.595 during the session, while it also had its lowest trading level at $2.5.
Ratios:
We take a closer look at RERE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 574207360 and an Enterprise Value of -1370293888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at -0.094 whereas that against EBITDA is -6.714.
Stock Price History:
Over the past 52 weeks, RERE has reached a high of $3.18, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 2.54%, while the 200-Day Moving Average is calculated to be 24.35%.
Shares Statistics:
According to the various share statistics, RERE traded on average about 1.12M shares per day over the past 3-months and 796120 shares per day over the past 10 days. Shares short for RERE as of 1728950400 were 510678 with a Short Ratio of 0.46, compared to 1726185600 on 737658. Therefore, it implies a Short% of Shares Outstanding of 510678 and a Short% of Float of 0.44999999999999996.
