Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of ATRenew Inc ADR (NYSE: RERE) was $2.75 for the day, down -3.51% from the previous closing price of $2.85. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 0.84 million shares were traded. RERE stock price reached its highest trading level at $2.88 during the session, while it also had its lowest trading level at $2.72.
Ratios:
Our analysis of RERE’s different ratios will help us gain a deeper understanding of the company. 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.
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 609680512 and an Enterprise Value of -1333620224. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at -0.092 whereas that against EBITDA is -6.534.
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 $1.01. The 50-Day Moving Average of the stock is -1.85%, while the 200-Day Moving Average is calculated to be 12.37%.
Shares Statistics:
RERE traded an average of 1.15M shares per day over the past three months and 968330 shares per day over the past ten days. Shares short for RERE as of 1730332800 were 507785 with a Short Ratio of 0.44, compared to 1727654400 on 790879. Therefore, it implies a Short% of Shares Outstanding of 507785 and a Short% of Float of 0.44.
