ATRenew Inc ADR (NYSE:RERE)’s traded shares stood at 0.55 million during the last session, with the company’s beta value hitting 0.10. At the close of trading, the stock’s price was $2.64, to imply an increase of 1.93% or $0.05 in intraday trading. The RERE share’s 52-week high remains $3.70, putting it -40.15% down since that peak but still an impressive 61.74% since price per share fell to its 52-week low of $1.01. The company has a valuation of $347.66M, with an average of 0.59 million shares in intraday trading volume over the past 10 days and average of 1.08 million shares over the past 3 months.
Analysts have given a consensus recommendation of Sell for ATRenew Inc ADR (RERE), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 1 analyst(s) give RERE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.78.
ATRenew Inc ADR (NYSE:RERE) trade information
After registering a 1.93% upside in the last session, ATRenew Inc ADR (RERE) has traded red over the past five days. The 5-day price performance for the stock is 0.76%, and -12.58% over 30 days. With these gigs, the year-to-date price performance is -8.33%. Short interest in ATRenew Inc ADR (NYSE:RERE) saw shorts transact 0.51 million shares and set a 0.42 days time to cover.
ATRenew Inc ADR (RERE) estimates and forecasts
Looking at statistics comparing ATRenew Inc ADR share performance against respective industry, we note that the company has outperformed competitors. ATRenew Inc ADR (RERE) shares are 17.86% up over the last 6 months, with its year-to-date growth rate higher than industry average at 38.46% against 15.00%. The rating firms project that company’s revenue will grow 25.57% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 4.8B.
RERE Dividends
ATRenew Inc ADR has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. with 2.21 million shares, or about 0.9033% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $5.24 million.
We also have Blackrock Large Cap Ser Fds-Blackrock Event Driven Equity Fd and SPDR Portfolio Emerging Markets ETF as the top two Mutual Funds with the largest holdings of the ATRenew Inc ADR (RERE) shares. Going by data provided on Aug 31, 2024 , Blackrock Large Cap Ser Fds-Blackrock Event Driven Equity Fd holds roughly 230.82 shares. This is just over 0.18% of the total shares, with a market valuation of $0.61 million. Data from the same date shows that the other fund manager holds a little less at 175.46, or 0.13% of the shares, all valued at about 0.46 million.
