ATRenew Inc ADR [RERE] stock is trading at $2.80, up 13.82%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RERE shares have gain 16.18% over the last week, with a monthly amount glided 6.87%, 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.
ATRenew Inc ADR [RERE] stock has fluctuated between $1.01 and $3.18 over the past year. ATRenew Inc ADR [NYSE: RERE] shares were valued at $2.80 at the most recent close of the market.
Analyzing the RERE fundamentals
ATRenew Inc ADR [NYSE:RERE] reported sales of 2.13B for the trailing twelve months, which represents a growth of 25.77%. 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 2.65 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 2.93, and for the 2nd resistance point, it is at 3.05.
Ratios To Look Out For
For context, ATRenew Inc ADR’s Current Ratio is 3.23. As well, the Quick Ratio is 2.69, while the Cash Ratio is 1.17. Considering the valuation of this stock, the price to sales ratio is 0.17, the price to book ratio is 0.72.
