After A Decline Of -54.17% From The High, Can ATRenew Inc ADR (NYSE: RERE) Recover Quickly?

ATRenew Inc ADR (NYSE:RERE)’s traded shares stood at 0.48 million during the latest session, with the company’s beta value hitting 0.11. At the last check today, the stock’s price was $2.40, to imply an increase of 8.33% or $0.18 in intraday trading. The RERE share’s 52-week high remains $3.70, putting it -54.17% down since that peak but still an impressive 37.5% since price per share fell to its 52-week low of $1.50. The company has a valuation of $316.71M, with an average of 0.89 million shares in intraday trading volume over the past 10 days and average of 811.83K 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 0.6.

ATRenew Inc ADR (NYSE:RERE) trade information

After registering a 8.33% upside 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 -17.07%, and -27.78% over 30 days. With these gigs, the year-to-date price performance is -16.49%. Short interest in ATRenew Inc ADR (NYSE:RERE) saw shorts transact 0.32 million shares and set a 0.44 days time to cover.

ATRenew Inc ADR (RERE) estimates and forecasts

The rating firms project that company’s revenue will grow 27.02% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 4.62B. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 4.98B.Earnings reports from the last fiscal year show that sales brought in 3.65B and 3.78B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 26.43% before jumping 31.76% in the following quarter.

RERE Dividends

ATRenew Inc ADR has its next earnings report out on 2025-Mar-10. 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.

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

ATRenew Inc ADR insiders hold 2.66% of total outstanding shares, with institutional holders owning 36.13% of the shares at 37.12% float percentage. In total, 36.13% institutions holds shares in the company, led by TIGER GLOBAL MANAGEMENT LLC. As of 2024-06-30, the company held over 11.48 million shares (or 4.6926% of shares), all amounting to roughly $27.21 million.

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 T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Intl Discovery Fd. and -Price (T.Rowe) International Small-Cap Equity Trust as the top two Mutual Funds with the largest holdings of the ATRenew Inc ADR (RERE) shares. Going by data provided on Jan 31, 2025 , T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Intl Discovery Fd. holds roughly 1.6 shares. This is just over 1.22% of the total shares, with a market valuation of $3.84 million. Data from the same date shows that the other fund manager holds a little less at 269.7, or 0.20% of the shares, all valued at about 0.65 million.