Is ATRenew Inc ADR (NYSE: RERE) Stock Set To Rise More?

In the latest trading session, 1.84 million ATRenew Inc ADR (NYSE:RERE) shares changed hands as the company’s beta touched -0.21. With the company’s most recent per share price at $2.23 changing hands around $0.09 or 4.44% at last look, the market valuation stands at $301.32M. RERE’s current price is a discount, trading about -45.74% off its 52-week high of $3.25. The share price had its 52-week low at $1.01, which suggests the last value was 54.71% up since then. When we look at ATRenew Inc ADR’s average trading volume, we note the 3-month average coming to 1.25 million.

ATRenew Inc ADR (NYSE:RERE) trade information

Instantly RERE is in green as seen in intraday trades today. With action -11.31%, the performance over the past five days has been red. The jump to weekly highs of 2.63 added 4.44% to the stock’s daily price. The company’s shares are showing year-to-date upside of 16.41%, with the 5-day performance at -11.31% in the red. However, in the 30-day time frame, ATRenew Inc ADR (NYSE:RERE) is -23.20% down.

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ATRenew Inc ADR (RERE) estimates and forecasts

Data shows that the ATRenew Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 33.83% over the past 6 months, a 38.46% in annual growth rate that is considerably higher than the industry average of 13.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 34.22%. The 2024 estimates are for ATRenew Inc ADR earnings to increase by 58.76%.

RERE Dividends

ATRenew Inc ADR is expected to release its next quarterly earnings report in July.