Market Watch Highlights: ATRenew Inc ADR (RERE) Ends on an Downturn Note at 3.55

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As of close of business last night, ATRenew Inc ADR’s stock clocked out at $3.55, down -3.53% from its previous closing price of $3.68. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 2.29 million shares were traded. RERE stock price reached its highest trading level at $3.73 during the session, while it also had its lowest trading level at $3.49.

Ratios:

To gain a deeper understanding of RERE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.44 and its Current Ratio is at 2.92. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.02.

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 788270400 and an Enterprise Value of -1495259904. As of this moment, ATRenew’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.90, and their Forward P/E ratio for the next fiscal year is 7.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at -0.086 whereas that against EBITDA is -3.781.

Stock Price History:

The Beta on a monthly basis for RERE is 0.20, which has changed by 0.5707965 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, RERE has reached a high of $4.35, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is 24.70%, while the 200-Day Moving Average is calculated to be 27.04%.

Shares Statistics:

It appears that RERE traded 1.45M shares on average per day over the past three months and 3871050 shares per day over the past ten days. Shares short for RERE as of 1749772800 were 1035082 with a Short Ratio of 0.66, compared to 1747267200 on 1285900. Therefore, it implies a Short% of Shares Outstanding of 1035082 and a Short% of Float of 0.8500000000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Its stock is currently analyzed by 1.0 different market analysts. The consensus estimate for the next quarter is $0.63, with high estimates of $0.63 and low estimates of $0.63.

Analysts are recommending an EPS of between $2.43 and $2.43 for the fiscal current year, implying an average EPS of $2.43. EPS for the following year is $4.53, with 1.0 analysts recommending between $4.53 and $4.53.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $4.79B. It ranges from a high estimate of $4.79B to a low estimate of $4.79B. As of the current estimate, ATRenew Inc ADR’s year-ago sales were $3.78BFor the next quarter, 1 analysts are estimating revenue of $5.23B. There is a high estimate of $5.23B for the next quarter, whereas the lowest estimate is $5.23B.

A total of 1 analysts have provided revenue estimates for RERE’s current fiscal year. The highest revenue estimate was $20.39B, while the lowest revenue estimate was $20.39B, resulting in an average revenue estimate of $20.39B. In the same quarter a year ago, actual revenue was $16.33BBased on 1 analysts’ estimates, the company’s revenue will be $25.29B in the next fiscal year. The high estimate is $25.29B and the low estimate is $25.29B.

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