After A 2.18% Gain In Share Price, Is ATRenew Inc ADR (NYSE:RERE) A Better Trade Than Others?

In last trading session, ATRenew Inc ADR (NYSE:RERE) saw 0.46 million shares changing hands with its beta currently measuring 0.12. Company’s recent per share price level of $2.81 trading at $0.06 or 2.18% at ring of the bell on the day assigns it a market valuation of $370.05M. That closing price of RERE’s stock is at a discount of -31.67% from its 52-week high price of $3.70 and is indicating a premium of 64.06% from its 52-week low price of $1.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.61 million shares which gives us an average trading volume of 1.35 million if we extend that period to 3-months.

For ATRenew Inc ADR (RERE), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.78 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

ATRenew Inc ADR (NYSE:RERE) trade information

Upright in the green during last session for gaining 2.18%, in the last five days RERE remained trading in the red while hitting it’s week-highest on Tuesday, 12/17/24 when the stock touched $2.81 price level, adding 10.79% to its value on the day. ATRenew Inc ADR’s shares saw a change of 46.35% in year-to-date performance and have moved -5.07% in past 5-day. ATRenew Inc ADR (NYSE:RERE) showed a performance of 0.36% in past 30-days. Number of shares sold short was 0.51 million shares which calculate 0.42 days to cover the short interests.

ATRenew Inc ADR (RERE) estimates and forecasts

Statistics highlight that ATRenew Inc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 23.79% of value to its shares in past 6 months, showing an annual growth rate of 38.46% while that of industry is 16.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 25.57% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.8B for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 34.22% during past 5 years.

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

TIGER GLOBAL MANAGEMENT LLC is the top institutional holder at RERE for having 11.48 million shares of worth $27.21 million. And as of 2024-06-30, it was holding 4.6926 of the company’s outstanding shares.

The second largest institutional holder is PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., which was holding about 2.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9033 of outstanding shares, having a total worth of $5.24 million.