For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, ATRenew Inc ADR (NYSE: RERE) closed at $2.92 down -4.58% from its previous closing price of $3.06. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
For a deeper understanding of ATRenew Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 0.11 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.
Stock Price History:
Over the past 52 weeks, RERE has reached a high of $3.70, while it has fallen to a 52-week low of $1.07. The 50-Day Moving Average of the stock is 2.01%, while the 200-Day Moving Average is calculated to be 12.30%.
Earnings Estimates
A comprehensive evaluation of ATRenew Inc ADR (RERE) is underway, with the input of 1 analysts contributing to its current rating.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $1.94 and $1.94 for the fiscal current year, implying an average EPS of $1.94. EPS for the following year is $3.57, with 1.0 analysts recommending between $3.57 and $3.57.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for RERE’s current fiscal year. The highest revenue estimate was $16.28B, while the lowest revenue estimate was $16.28B, resulting in an average revenue estimate of $16.28B. In the same quarter a year ago, actual revenue was $12.97BBased on 1 analysts’ estimates, the company’s revenue will be $20.36B in the next fiscal year. The high estimate is $20.36B and the low estimate is $20.36B.
