ATRenew Inc ADR (NYSE: RERE)’s stock price has gone decline by -10.53 in comparison to its previous close of 1.71, however, the company has experienced a -10.00% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-04-03 that As investors, we all aim to outperform the market. But beating the S&P 500 is a difficult task for most of us.
Is It Worth Investing in ATRenew Inc ADR (NYSE: RERE) Right Now?
The 36-month beta value for RERE is at -0.15. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The average trading volume for RERE on April 17, 2024 was 640.93K shares.
RERE’s Market Performance
The stock of ATRenew Inc ADR (RERE) has seen a -10.00% decrease in the past week, with a -8.93% drop in the past month, and a 19.53% gain in the past quarter. The volatility ratio for the week is 5.77%, and the volatility levels for the past 30 days are at 6.26% for RERE. The simple moving average for the past 20 days is -12.09% for RERE’s stock, with a -18.43% simple moving average for the past 200 days.
Analysts’ Opinion of RERE
Many brokerage firms have already submitted their reports for RERE stocks, with BofA Securities repeating the rating for RERE by listing it as a “Buy.” The predicted price for RERE in the upcoming period, according to BofA Securities is $20 based on the research report published on July 15, 2021 of the previous year 2021.
Goldman, on the other hand, stated in their research note that they expect to see RERE reach a price target of $20.80. The rating they have provided for RERE stocks is “Buy” according to the report published on July 14th, 2021.
RERE Trading at 8.26% from the 50-Day Moving Average
After a stumble in the market that brought RERE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.64% of loss for the given period.
Volatility was left at 6.26%, however, over the last 30 days, the volatility rate increased by 5.77%, as shares sank -15.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.99% upper at present.
During the last 5 trading sessions, RERE fell by -10.00%, which changed the moving average for the period of 200-days by -48.31% in comparison to the 20-day moving average, which settled at $1.7265. In addition, ATRenew Inc ADR saw -20.31% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RERE
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.2 for the gross margin
The net margin for ATRenew Inc ADR stands at -0.01. The total capital return value is set at -0.05. Equity return is now at value -4.12, with -2.97 for asset returns.
Based on ATRenew Inc ADR (RERE), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -24.57.
Currently, EBITDA for the company is 192.38 million with net debt to EBITDA at 11.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.08. The receivables turnover for the company is 14.24for trailing twelve months and the total asset turnover is 2.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.
Conclusion
In conclusion, ATRenew Inc ADR (RERE) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
