Will ATRenew Inc ADR (NYSE: RERE) Stock Boom Or Bust From Here?

During the last session, ATRenew Inc ADR (NYSE:RERE)’s traded shares were 0.84 million, with the beta value of the company hitting 0.10. At the end of the trading day, the stock’s price was $2.75, reflecting an intraday loss of -3.51% or -$0.1. The 52-week high for the RERE share is $3.70, that puts it down -34.55 from that peak though still a striking 63.27% gain since the share price plummeted to a 52-week low of $1.01. The company’s market capitalization is $362.15M, and the average intraday trading volume over the past 10 days was 1.03 million shares, and the average trade volume was 1.15 million shares over the past three months.

ATRenew Inc ADR (RERE) received a consensus recommendation of Sell from analysts. That translates to a mean rating of 1.00. RERE has a Sell rating from 1 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.

ATRenew Inc ADR (NYSE:RERE) trade information

ATRenew Inc ADR (RERE) registered a -3.51% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.51% in intraday trading to $2.75, hitting a weekly high. The stock’s 5-day price performance is -2.14%, and it has moved by -18.64% in 30 days. Based on these gigs, the overall price performance for the year is 56.25%. The short interest in ATRenew Inc ADR (NYSE:RERE) is 0.51 million shares and it means that shorts have 0.42 day(s) to cover.

ATRenew Inc ADR (RERE) estimates and forecasts

Statistics show that ATRenew Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. ATRenew Inc ADR (RERE) shares have gone up 7.00% during the last six months, with a year-to-date growth rate more than the industry average at 38.46% against 16.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 34.22%. While earnings are projected to return 81.09% in 2025.

RERE Dividends

ATRenew Inc ADR is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 2.21 million shares, is of PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.’s that is approximately 0.9033% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.24 million.