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The price of Smart Share Global Ltd ADR (NASDAQ: EM) closed at $0.99 in the last session, up 1.02% from day before closing price of $0.98. In other words, the price has increased by $1.02 from its previous closing price. On the day, 4.15 million shares were traded. EM stock price reached its highest trading level at $1.01 during the session, while it also had its lowest trading level at $0.9795.
Ratios:
We take a closer look at EM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.00 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 the company, Goldman on June 28, 2022, Downgraded its rating to Neutral and sets its target price to $1.40 from $3.80 previously.
On May 11, 2021, Citigroup started tracking the stock assigning a Buy rating and target price of $13.
On May 05, 2021, China Renaissance started tracking the stock assigning a Buy rating and target price of $13.40.China Renaissance initiated its Buy rating on May 05, 2021, with a $13.40 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EM now has a Market Capitalization of 256979264 and an Enterprise Value of -2519249408. As of this moment, Smart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -1.285 whereas that against EBITDA is -17.005.
Stock Price History:
Over the past 52 weeks, EM has reached a high of $1.17, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is 34.79%, while the 200-Day Moving Average is calculated to be 29.41%.
Shares Statistics:
According to the various share statistics, EM traded on average about 234.69K shares per day over the past 3-months and 1192450 shares per day over the past 10 days. A total of 221.20M shares are outstanding, with a floating share count of 216.39M. Insiders hold about 2.17% of the company’s shares, while institutions hold 1.90% stake in the company. Shares short for EM as of 1734048000 were 35100 with a Short Ratio of 0.15, compared to 1731628800 on 20512. Therefore, it implies a Short% of Shares Outstanding of 35100 and a Short% of Float of 0.029999999000000003.