After Sinking 2.93% During Past Week, Is ATRenew Inc ADR (NYSE: RERE) Still A Buy?

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ATRenew Inc ADR (NYSE:RERE)’s traded shares stood at 0.43 million during the latest session, with the company’s beta value hitting 0.05. At the last check today, the stock’s price was $2.98, to imply a decrease of -4.02% or -$0.13 in intraday trading. The RERE share’s 52-week high remains $3.70, putting it -24.16% down since that peak but still an impressive 62.75% since price per share fell to its 52-week low of $1.11.

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 -4.02% downside in the latest session, ATRenew Inc ADR (RERE) has traded red over the past five days. The 5-day price performance for the stock is 2.93%, and 9.74% over 30 days. With these gigs, the year-to-date price performance is 3.65%.

ATRenew Inc ADR (RERE) estimates and forecasts

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 March. 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 SPDR Portfolio Emerging Markets ETF and Invesco ETF Tr-Invesco Golden Dragon China ETF as the top two Mutual Funds with the largest holdings of the ATRenew Inc ADR (RERE) shares. Going by data provided on Nov 30, 2024 , SPDR Portfolio Emerging Markets ETF holds roughly 175.46 shares. This is just over 0.13% of the total shares, with a market valuation of $0.53 million. Data from the same date shows that the other fund manager holds a little less at 102.08, or 0.08% of the shares, all valued at about 0.31 million.