At the time of writing, Smart Share Global Ltd ADR [EM] stock is trading at $1.00, up 39.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The EM shares have gain 39.08% over the last week, with a monthly amount glided 37.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Smart Share Global Ltd ADR [NASDAQ: EM] stock has seen the most recent analyst activity on June 28, 2022, when Goldman downgraded its rating to a Neutral and also revised its price target to $1.40 from $3.80. Previously, Citigroup started tracking the stock with Buy rating on May 11, 2021, and set its price target to $13. On May 05, 2021, China Renaissance initiated with a Buy rating and assigned a price target of $13.40 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $13.90 on April 26, 2021.
For the past year, the stock price of Smart Share Global Ltd ADR fluctuated between $0.41 and $1.17. Smart Share Global Ltd ADR [NASDAQ: EM] shares were valued at $1.00 at the most recent close of the market.
Analyzing the EM fundamentals
According to Smart Share Global Ltd ADR [NASDAQ:EM], the company’s sales were 271.15M for trailing twelve months, which represents an -56.68% plunge. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is -0.01.
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 0.9400 points at the first support level, and at 0.8800 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0550, and for the 2nd resistance point, it is at 1.1100.
Ratios To Look Out For
It is important to note that Smart Share Global Ltd ADR [NASDAQ:EM] has a current ratio of 2.89. On the other hand, the Quick Ratio is 2.77, and the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 0.60 and price to earnings (TTM) ratio is 30.77.
