In today’s recent session, 0.73 million shares of the ATRenew Inc ADR (NYSE:RERE) have been traded, and its beta is 0.14. Most recently the company’s share price was $2.31, and it changed around $0.05 or 2.21% from the last close, which brings the market valuation of the company to $304.20M. RERE at last check was trading at a discount to its 52-week high of $3.70, offering almost -60.17% off that amount. The share price’s 52-week low was $1.50, which indicates that the recent value has risen by an impressive 35.06% since then. We note from ATRenew Inc ADR’s average daily trading volume that its 10-day average is 1.1 million shares, with the 3-month average coming to 837.88K.
ATRenew Inc ADR (NYSE:RERE) trade information
Instantly RERE has been showing a green trend so far today with a performance of 2.21% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.65 on recent trading dayincreased the stock’s daily price by 12.83%. The company’s shares are currently down -19.79% year-to-date, but still down -8.70% over the last five days. On the other hand, ATRenew Inc ADR (NYSE:RERE) is -31.45% down in the 30-day period. We can see from the shorts that 0.32 million shares have been sold at a short interest cover period of 0.27 day(s).
ATRenew Inc ADR (RERE) estimates and forecasts
The year-over-year growth rate is expected to be 27.02%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 4.62B in revenue for the current quarter. 1 analysts expect ATRenew Inc ADR to make 4.98B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.65B and 3.78B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 26.43%. Forecasts for the next quarter put sales growth at 31.76%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 65.96%.
RERE Dividends
ATRenew Inc ADR’s next quarterly earnings report is expected to be released on 2025-Mar-10.
ATRenew Inc ADR (NYSE:RERE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.66% of ATRenew Inc ADR shares, and 36.13% of them are in the hands of institutional investors. The stock currently has a share float of 37.12%. ATRenew Inc ADR stock is held by 68.0 institutions, with TIGER GLOBAL MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 4.6926% of the shares, which is about 11.48 million shares worth $27.21 million.
PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., with 0.9033% or 2.21 million shares worth $5.24 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Intl Discovery Fd. and -Price (T.Rowe) International Small-Cap Equity Trust were the top two Mutual Funds as of Jan 31, 2025 . The former held 1.6 shares worth $3.69 million, making up 1.22% of all outstanding shares. On the other hand, -Price (T.Rowe) International Small-Cap Equity Trust held roughly 269.7 shares worth around $0.62 million, which represents about 0.20% of the total shares outstanding.
