Smart Share Global Ltd ADR (NASDAQ: EM) is 70.45% higher on its value in year-to-date trading and has touched a low of $0.41 and a high of $1.17 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 EM stock was last observed hovering at around $0.76 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $0.83, the stock is 43.00% and 25.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 9.34% at the moment leaves the stock 19.45% off its SMA200. EM registered 13.79% gain for a year compared to 6-month gain of 36.64%. The firm has a 50-day simple moving average (SMA 50) of $0.66468 and a 200-day simple moving average (SMA200) of $0.707085.
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The stock witnessed a 34.03% loss in the last 1 month and extending the period to 3 months gives it a -10.65%, and is 51.53% 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 15.63% over the week and 11.45% over the month.
Smart Share Global Ltd ADR (EM) has around 3198 employees, a market worth around $183.82M and $271.15M in sales. Current P/E ratio is 25.57 and Fwd P/E is 13.44. Profit margin for the company is 3.12%. Distance from 52-week low is 100.89% and -28.97% from its 52-week high. The company has generated returns on investments over the last 12 months (2.28%).
The EPS is expected to shrink by -30.19% this year
The shares outstanding are 222.59M, and float is at 216.39M with Short Float at 0.01%.
The top institutional shareholder in the company is CARLYLE GROUP INC. with over 4.81 million shares valued at $4.13 million. The investor’s holdings represent 1.8555 of the EM Shares outstanding. As of 2024-06-30, the second largest holder is HHLR ADVISORS, LTD. with 3.95 million shares valued at $3.36 million to account for 1.5235 of the shares outstanding. The other top investors are NOMURA HOLDINGS INC which holds 97958.0 shares representing 0.0378 and valued at over $84107.0, while ROYAL BANK OF CANADA holds 0.0375 of the shares totaling 97087.0 with a market value of $83000.0.
