The trading price of ATRenew Inc ADR (NYSE:RERE) closed higher on Tuesday, April 23, closing at $1.58, 1.94% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $3.30 and a 52-week low of $1.01. Over the past month, the stock has lost -5.39% in value.
ATRenew Inc ADR, whose market valuation is $208.07 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0.13 for next year.
Analysts have forecast the company to bring in revenue of 449.74M for the current quarter, with the likely lows of 476.43M and highs of 476.43M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.79B.
On the technical side, indicators suggest RERE has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that RERE’s price is currently -6.15% off the SMA20 and 8.17% off the SMA50. The RSI metric on the 14-day chart is currently showing 47.54, and weekly volatility stands at 5.90%. When measured over the past 30 days, the indicator reaches 5.73%. ATRenew Inc ADR (NYSE:RERE)’s beta value is currently sitting at -0.12, while the Average True Range indicator is currently displaying 0.10.
To see how ATRenew Inc ADR stock has been performing in comparison to its peers in the industry, here are the numbers: RERE stock’s performance was 1.94% in the latest trading, and -37.55% in the past year.
An evaluation of the daily trading volume of ATRenew Inc ADR (NYSE:RERE) indicates that the 3-month average is 683.54K.
Currently, records show that 131.70 million of the company’s shares remain outstanding. The institutions hold 20.19%. However, since the stock’s price has seen -17.71% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
