Currently, there are 221.20M common shares owned by the public and among those 216.39M shares have been available to trade.
The company’s stock has a 5-day price change of 39.08% and 29.79% over the past three months. EM shares are trading 38.89% year to date (YTD), with the 12-month market performance up to 80.48% higher. It has a 12-month low price of $0.41 and touched a high of $1.17 over the same period. EM has an average intraday trading volume of 60.12K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 33.97%, 38.02%, and 31.36% respectively.
Institutional ownership of Smart Share Global Ltd ADR (NASDAQ: EM) shares accounts for 1.90% of the company’s 221.20M shares outstanding.
It has a market capitalization of $221.20M and a beta (3y monthly) value of 0.59. The stock’s trailing 12-month PE ratio is 30.77, while the earnings-per-share (ttm) stands at $0.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.20% over the week and 6.83% over the month.
Looking at the support for the EM, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on June 28, 2022, with the firm’s price target at $3.80-$1.40. Citigroup coverage for the Smart Share Global Ltd ADR (EM) stock in a research note released on May 11, 2021 offered a Buy rating with a price target of $13. China Renaissance was of a view on May 05, 2021 that the stock is Buy, while Goldman gave the stock Buy rating on April 26, 2021, issuing a price target of $13.90.
