Smart Share Global Ltd ADR [EM] stock prices are saw in change for the day to $0.99 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 EM shares have gain 37.50% over the last week, with a monthly amount glided 30.26%, 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.
The stock price of Smart Share Global Ltd ADR [EM] has been fluctuating between $0.41 and $1.17 over the past year. Smart Share Global Ltd ADR [NASDAQ: EM] shares were valued at $0.99 at the most recent close of the market.
Analyzing the EM fundamentals
The Smart Share Global Ltd ADR [NASDAQ:EM] reported sales of 271.15M for trailing twelve months, representing a drop of -56.68%. 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 0.9799 points at the first support level, and at 0.9699 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0100, and for the 2nd resistance point, it is at 1.0301.
Ratios To Look Out For
It’s worth pointing out that Smart Share Global Ltd ADR [NASDAQ:EM]’s Current Ratio is 2.89. In addition, the Quick Ratio stands at 2.77 and the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 0.59 and price to earnings (TTM) ratio is 30.46.
