ATRenew Inc ADR (NYSE:RERE) price on Thursday, May 09,rose 17.96% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.89.
A look at the stock’s price movement, the close in the last trading session was $2.45. Turning to its 52-week performance, $3.30 and $1.01 were the 52-week high and 52-week low respectively. Overall, RERE moved 69.01% over the past month.
ATRenew Inc ADR’s market cap currently stands at around $380.58 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RERE is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
RERE’s current price about 53.40% and 71.55% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 85.11, while 7-day volatility ratio is 14.08% and 8.38% in the 30-day chart. Further, ATRenew Inc ADR (RERE) has a beta value of -0.21, and an average true range (ATR) of 0.19.
If we refocus on ATRenew Inc ADR (NYSE:RERE), historical trading data shows that trading volumes averaged 901.99K over the past 3 months. The company’s latest data on shares outstanding shows there are 131.70 million shares.
Current price change has pushed the stock 50.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RERE stock continues to rise going into the next quarter.
