Set Your Sights On ATRenew Inc ADR (NYSE: RERE)’S Upside Potential

ATRenew Inc ADR (RERE) concluded trading on Thursday at a closing price of $2.89, with 4.87 million shares of worth about $14.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 68.02% during that period and on May 09, 2024 the price saw a gain of about 17.96%. Currently the company’s common shares owned by public are about 131.70M shares.

Stock saw a price change of 34.42% in past 5 days and over the past one month there was a price change of 69.01%. Year-to-date (YTD), RERE shares are showing a performance of 50.52% which increased to 18.44% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.01 but also hit the highest price of $3.30 during that period. The average intraday trading volume for ATRenew Inc ADR shares is 901.99K. The stock is currently trading 53.40% above its 20-day simple moving average (SMA20), while that difference is up 71.55% for SMA50 and it goes to 61.66% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

ATRenew Inc ADR (NYSE: RERE) currently have 131.70M outstanding shares and institutions hold larger chunk of about 20.19% of that.

The stock has a current market capitalization of $380.58M and its 3Y-monthly beta is at -0.21. It has posted earnings per share of -$0.09 in the same period. It has Quick Ratio of 2.03 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RERE, volatility over the week remained 14.08% while standing at 8.38% over the month.

Stock’s fiscal year EPS is expected to rise by 134.39% while it is estimated to increase by 628.34% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on July 15, 2021 offering a Buy rating for the stock and assigned a target price of $20 to it. Coverage by Goldman stated ATRenew Inc ADR (RERE) stock as a Buy in their note to investors on July 14, 2021, suggesting a price target of $20.80 for the stock.

Most Popular

Related Posts