ATRenew Inc ADR [NYSE: RERE] surged by $0.04 during the normal trading session on Thursday and reaching a high of $4.44 during the day while it closed the day at $4.07.
ATRenew Inc ADR stock has also loss -0.73% of its value over the past 7 days. However, RERE stock has declined by -10.55% in the 3 months of the year. Over the past six months meanwhile, it has gained 52.43% and gained 64.78% year-on date.
The market cap for RERE stock reached $537.40 million, with 132.04 million shares outstanding. Compared to the average trading volume of 1.77M shares, RERE reached a trading volume of 4111107 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about ATRenew Inc ADR [RERE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RERE shares is $5.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RERE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for ATRenew Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 15, 2021. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on July 14, 2021, representing the official price target for ATRenew Inc ADR stock.
The Price to Book ratio for the last quarter was 1.69, with the Price to Cash per share for the same quarter was set at 2.32.
RERE stock trade performance evaluation
ATRenew Inc ADR [RERE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.73. With this latest performance, RERE shares gained by 0.74% in over the last four-week period, additionally plugging by 52.43% over the last 6 months – not to mention a rise of 41.32% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RERE stock in for the last two-week period is set at 51.09, with the RSI for the last a single of trading hit 0.20, and the three-weeks RSI is set at 0.21 for ATRenew Inc ADR [RERE]. The present Moving Average for the last 50 days of trading for this stock 4.16, while it was recorded at 4.05 for the last single week of trading, and 3.42 for the last 200 days.
ATRenew Inc ADR [RERE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and ATRenew Inc ADR [RERE] shares currently have an operating margin of 1.45% and a Gross Margin at 16.45%. ATRenew Inc ADR’s Net Margin is presently recorded at 1.44%.
ATRenew Inc ADR (RERE) Capital Structure & Debt Analysis
According to recent financial data for ATRenew Inc ADR. ( RERE), the Return on Equity (ROE) stands at 7.42%, suggesting modest shareholder returns. The Return on Assets (ROA) is 5.42%, reflecting the company’s efficiency in generating profits from its assets. Additionally, ATRenew Inc ADR’s Return on Invested Capital (ROIC) is 7.06%, showcasing its effectiveness in deploying capital for earnings.
ATRenew Inc ADR (RERE) Efficiency & Liquidity Metrics
Based on ATRenew Inc ADR’s (RERE) latest financial statements, the Debt-to-Equity Ratio is 0.06%, indicating its reliance on debt financing relative to shareholder equity.
ATRenew Inc ADR (RERE) Efficiency & Liquidity Metrics
From an operational efficiency perspective, ATRenew Inc ADR. (RERE) effectively leverages its workforce, generating an average of $18769.08 per employee. The company’s liquidity position is robust, with a Current Ratio of 3.30% and a Quick Ratio of 2.77%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for ATRenew Inc ADR [RERE] stock
With the latest financial reports released by the company, ATRenew Inc ADR posted 0.76/share EPS, while the average EPS was predicted by analysts to be reported at 0.78/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RERE.
ATRenew Inc ADR [RERE]: Institutional Ownership
There are presently around $41.25%, or 42.38%% of RERE stock, in the hands of institutional investors. The top three institutional holders of RERE stocks are: TIGER GLOBAL MANAGEMENT LLC with ownership of 11.48 million shares, which is approximately 4.6926%. PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., holding 2.21 million shares of the stock with an approximate value of $$5.24 million in RERE stocks shares; and PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., currently with $$4.9 million in RERE stock with ownership which is approximately 0.8458%.
