Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $2.00 in the prior trading day, ATRenew Inc ADR (NYSE: RERE) closed at $2.09, up 4.50%. In other words, the price has increased by $4.50 from its previous closing price. On the day, 2.22 million shares were traded. RERE stock price reached its highest trading level at $2.125 during the session, while it also had its lowest trading level at $2.06.
Ratios:
Our goal is to gain a better understanding of RERE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 3.19. 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 475182368 and an Enterprise Value of -1947527424. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at -0.119 whereas that against EBITDA is -6.579.
Stock Price History:
The Beta on a monthly basis for RERE is 0.27, which has changed by 0.32278478 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, RERE has reached a high of $3.70, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is -27.60%, while the 200-Day Moving Average is calculated to be -22.37%.
Shares Statistics:
The stock has traded on average 913.44K shares per day over the past 3-months and 1617630 shares per day over the last 10 days, according to various share statistics. Shares short for RERE as of 1743379200 were 323717 with a Short Ratio of 0.27, compared to 1740700800 on 319484.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
