ATRenew Inc ADR (NYSE: RERE) is 39.06% higher on its value in year-to-date trading and has touched a low of $1.01 and a high of $3.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RERE stock was last observed hovering at around $2.71 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $2.67, the stock is 7.94% and 10.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -1.48% at the moment leaves the stock 43.73% off its SMA200. RERE registered 3.09% gain for a year compared to 6-month gain of 142.73%.
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The stock witnessed a 16.59% loss in the last 1 month and extending the period to 3 months gives it a -1.84%, and is 7.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.29% over the week and 6.15% over the month.
ATRenew Inc ADR (RERE) has around 2055 employees, a market worth around $359.97M and $1.92B in sales. Fwd P/E is 18.78. Profit margin for the company is -1.45%. Distance from 52-week low is 164.36% and -11.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.45%).
ATRenew Inc ADR quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $519.78M over the same period.The EPS is expected to grow by 59.53% this year, but quarterly earnings will post 23.70% year-over-year.
