ATRenew Inc ADR (NYSE: RERE) Stock: Can It Surge Further?

In today’s recent session, 0.53 million shares of the ATRenew Inc ADR (NYSE:RERE) have been traded, and its beta is -0.20. Most recently the company’s share price was $2.27, and it changed around $0.03 or 1.12% from the last close, which brings the market valuation of the company to $305.37M. RERE at last check was trading at a discount to its 52-week high of $3.25, offering almost -43.17% off that amount. The share price’s 52-week low was $1.01, which indicates that the recent value has risen by an impressive 55.51% since then. We note from ATRenew Inc ADR’s average daily trading volume that its 3-month average coming to 1.35 million.

ATRenew Inc ADR (NYSE:RERE) trade information

Instantly RERE has been showing a green trend so far today with a performance of 1.12% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 17.97% year-to-date, but still up 5.35% over the last five days. On the other hand, ATRenew Inc ADR (NYSE:RERE) is -1.95% down in the 30-day period.

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ATRenew Inc ADR (RERE) estimates and forecasts

ATRenew Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 25.83 percent over the past six months and at a 38.46% annual growth rate that is well above the industry average of 14.40%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 34.22%.

RERE Dividends

ATRenew Inc ADR’s next quarterly earnings report is expected to be released in July.