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The price of ATRenew Inc ADR (NYSE: RERE) closed at $2.68 in the last session, up 12.61% from day before closing price of $2.38. In other words, the price has increased by $12.61 from its previous closing price. On the day, 1.8 million shares were traded. RERE stock price reached its highest trading level at $2.745 during the session, while it also had its lowest trading level at $2.38.
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 2.38 and its Current Ratio is at 2.97. In the meantime, Its Debt-to-Equity ratio is 0.16 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 616630464 and an Enterprise Value of -1119916800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at -0.081 whereas that against EBITDA is -6.719.
Stock Price History:
Over the past 52 weeks, RERE has reached a high of $3.25, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 12.14%, while the 200-Day Moving Average is calculated to be 48.20%.
Shares Statistics:
According to the various share statistics, RERE traded on average about 1.45M shares per day over the past 3-months and 864520 shares per day over the past 10 days. Shares short for RERE as of 1721001600 were 638622 with a Short Ratio of 0.44, compared to 1718323200 on 573511. Therefore, it implies a Short% of Shares Outstanding of 638622 and a Short% of Float of 0.31.
