At the time of writing, ATRenew Inc ADR [RERE] stock is trading at $2.07, up 4.55%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RERE shares have gain 33.55% over the last week, with a monthly amount glided 17.61%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
ATRenew Inc ADR [NYSE: RERE] stock has seen the most recent analyst activity on July 15, 2021, when BofA Securities initiated its Buy rating and assigned the stock a price target of $20. Previously, Goldman started tracking the stock with Buy rating on July 14, 2021, and set its price target to $20.80.
For the past year, the stock price of ATRenew Inc ADR fluctuated between $1.01 and $3.30. ATRenew Inc ADR [NYSE: RERE] shares were valued at $2.07 at the most recent close of the market.
Analyzing the RERE fundamentals
According to ATRenew Inc ADR [NYSE:RERE], the company’s sales were 1.83B for trailing twelve months, which represents an 27.92% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.04 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9800 points at the first support level, and at 1.9000 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1200, and for the 2nd resistance point, it is at 2.1800.
ATRenew Inc ADR [RERE] reported earnings per share of $0.02 for its fiscal quarter that ended on 6/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.06/share, meaning a difference of -$0.04 and a surprise factor of -66.70%. By comparison, the stated earnings for the previous quarter ended on 3/31/2023 were $0.04 per share as compared to estimates of $0.03 per share, a difference of $0.01 representing a surprise of 33.30%.
Ratios To Look Out For
It is important to note that ATRenew Inc ADR [NYSE:RERE] has a current ratio of 2.68. In addition, the Quick Ratio stands at 2.03 and the Cash Ratio stands at 1.17. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 0.52.
