ATRenew Inc ADR (NYSE:RERE) does about 1.08M shares in volume on a normal day but saw 3209651 shares change hands in the recent trading day. The company now has a market cap of 437.05M USD. Its current market price is $3.31, marking a decrease of -5.16% compared to the previous close of $3.49. 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 upside of 33.93% 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 17.79%, 25.80%, and 20.73% away from its SMA20, SMA50, and SMA200 respectively, with the RERE price moving below the 50-day SMA on current market day. ATRenew Inc ADR (RERE) stock is up 15.33% over the week and 25.86% over the past month. Its price is 49.10% year-to-date and 14.93% over the past year.
To reach the target analysts have set, the stock logically needs to grow 33.93 percent from here.
Outstanding shares total 132.04M with insiders holding 2.65% of the shares and institutional holders owning 35.94% of the company’s common stock. 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 45.59 while the forward price to earnings ratio is 6.56. The beta has a value of 0.20. Price to book ratio is 1.41 and price to sales ratio is 0.18.
