In today’s recent session, 0.65 million shares of the ATRenew Inc ADR (NYSE:RERE) have been traded, and its beta is -0.18. Most recently the company’s share price was $2.82, and it changed around -$0.17 or -5.69% from the last close, which brings the market valuation of the company to $371.37M. RERE at last check was trading at a discount to its 52-week high of $3.18, offering almost -12.77% off that amount. The share price’s 52-week low was $1.01, which indicates that the recent value has risen by an impressive 64.18% since then. We note from ATRenew Inc ADR’s average daily trading volume that its 10-day average is 2.33 million shares, with the 3-month average coming to 1.12 million.

ATRenew Inc ADR stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended RERE as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. ATRenew Inc ADR is expected to report earnings per share of 0.08 for the current quarter.

ATRenew Inc ADR (NYSE:RERE) trade information

Instantly RERE has been showing red trend so far today with a performance of -5.69% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.18 on recent trading dayincreased the stock’s daily price by 11.32%. The company’s shares are currently up 46.87% year-to-date, but still up 1.44% over the last five days. On the other hand, ATRenew Inc ADR (NYSE:RERE) is 12.35% up in the 30-day period. We can see from the shorts that 0.74 million shares have been sold at a short interest cover period of 0.76 day(s).

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 66.86 percent over the past six months and at a 23.08% annual growth rate that is well above the industry average of 18.00%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 100.00% in revenue this quarter, and will report an increase of 300.00% in the next quarter. The year-over-year growth rate is expected to be 25.20%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 572.43M in revenue for the current quarter. 1 analysts expect ATRenew Inc ADR to make 652.53M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 458.23M and 545.01M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 24.90%. Forecasts for the next quarter put sales growth at 19.70%.

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 on 2024-Nov-20.

ATRenew Inc ADR (NYSE:RERE)’s Major holders

PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., with 0.9033% or 2.21 million shares worth $5.24 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Blackrock Large Cap Ser Fds-Blackrock Event Driven Equity Fd and SPDR Portfolio Emerging Markets ETF were the top two Mutual Funds as of May 31, 2024. The former held 230.82 shares worth $0.65 million, making up 0.18% of all outstanding shares. On the other hand, SPDR Portfolio Emerging Markets ETF held roughly 167.46 shares worth around $0.47 million, which represents about 0.13% of the total shares outstanding.