ATRenew Inc ADR (RERE) Stock: A Closer Look

ATRenew Inc ADR [RERE] stock prices are up 9.88% to $2.78 at the moment. 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 25.79% over the last week, with a monthly amount glided 21.40%, 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.

The stock price of ATRenew Inc ADR [RERE] has been fluctuating between $1.01 and $3.03 over the past year. ATRenew Inc ADR [NYSE: RERE] shares were valued at $2.78 at the most recent close of the market.

Analyzing the RERE fundamentals

The ATRenew Inc ADR [NYSE:RERE] reported sales of 2.01B for trailing twelve months, representing a surge of 23.52%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.

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 2.63 points at the first support level, and at 2.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.91, and for the 2nd resistance point, it is at 3.05.

Ratios To Look Out For

It’s worth pointing out that ATRenew Inc ADR [NYSE:RERE]’s Current Ratio is 2.99. In addition, the Quick Ratio stands at 2.52 and the Cash Ratio stands at 1.17. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.21.

Related Posts