At the time of writing, ATRenew Inc ADR [RERE] stock is trading at $2.48, up 13.24%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RERE shares have gain 13.24% over the last week, with a monthly amount glided 11.21%, and seem to be holding up well over a long-time horizon.
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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 $3.03. ATRenew Inc ADR [NYSE: RERE] shares were valued at $2.48 at the most recent close of the market.
Analyzing the RERE fundamentals
According to ATRenew Inc ADR [NYSE:RERE], the company’s sales were 2.01B for trailing twelve months, which represents an 23.52% 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 -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 2.33 points at the first support level, and at 2.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.56, and for the 2nd resistance point, it is at 2.64.
Ratios To Look Out For
It is important to note that ATRenew Inc ADR [NYSE:RERE] has a current ratio of 2.99. Also, the Quick Ratio is 2.52, while the Cash Ratio stands at 1.17. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 1.08.
