ATRenew Inc ADR (NYSE:RERE) does about 935.69K shares in volume on a normal day but saw 2725755 shares change hands in the recent trading day. The company now has a market cap of 382.92M USD. Its current market price is $935690.0, marking an increase of 2725755% compared to the previous close of $2.78. The 52 week high reached by this stock is $3.70 whilst the lowest price level in 52 weeks is $2.00.
The consensus objective for the share price is $5.01, suggesting that the stock has a potential downside of -18676347.11% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Sell and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 15, 2021 when BofA Securities initiated the stock to “Buy” and issued a price target of $20.
The current price level is 9.66%, 15.17%, and 6.61% away from its SMA20, SMA50, and SMA200 respectively, with the RERE price moving above the 50-day SMA on current market day. ATRenew Inc ADR (RERE) stock is up 5.45% over the week and 8.61% over the past month. Its price is 32.42% year-to-date and 0.69% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -18676347.11 percent from here.
The company has a return on investment of 3.36% and return on equity of 3.45%. The price to earnings ratio (P/E ratio) amounts to 39.94 while the forward price to earnings ratio is 5.74. The beta has a value of 0.09. Price to book ratio is 1.24 and price to sales ratio is 0.16.
