In the past week, EM stock has gone up by 37.60%, with a monthly gain of 6.62% and a quarterly plunge of -17.37%. The volatility ratio for the week is 15.89%, and the volatility levels for the last 30 days are 10.47% for Smart Share Global Ltd ADR The simple moving average for the past 20 days is 28.13% for EM’s stock, with a 3.99% simple moving average for the past 200 days.
Is It Worth Investing in Smart Share Global Ltd ADR (NASDAQ: EM) Right Now?
The price-to-earnings ratio for Smart Share Global Ltd ADR (NASDAQ: EM) is 22.15x, which is above its average ratio. Moreover, the 36-month beta value for EM is 0.58. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for EM is 216.39M and currently, short sellers hold a 0.01% of that float. On September 27, 2024, EM’s average trading volume was 53.74K shares.
EM) stock’s latest price update
Smart Share Global Ltd ADR (NASDAQ: EM)’s stock price has plunge by 31.29relation to previous closing price of 0.55. Nevertheless, the company has seen a 37.60% surge in its stock price over the last five trading sessions. investorplace.com reported 2024-08-22 that Smart Share Glb (NASDAQ: EM ) just reported results for the second quarter of 2024. Smart Share Glb reported earnings per share of 0.8 cent.
Analysts’ Opinion of EM
Many brokerage firms have already submitted their reports for EM stocks, with Goldman repeating the rating for EM by listing it as a “Neutral.” The predicted price for EM in the upcoming period, according to Goldman is $1.40 based on the research report published on June 28, 2022 of the previous year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see EM reach a price target of $13. The rating they have provided for EM stocks is “Buy” according to the report published on May 11th, 2021.
China Renaissance gave a rating of “Buy” to EM, setting the target price at $13.40 in the report published on May 05th of the previous year.
EM Trading at 7.17% from the 50-Day Moving Average
After a stumble in the market that brought EM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.46% of loss for the given period.
Volatility was left at 10.47%, however, over the last 30 days, the volatility rate increased by 15.89%, as shares surge +13.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.15% lower at present.
During the last 5 trading sessions, EM rose by +37.59%, which changed the moving average for the period of 200-days by +22.03% in comparison to the 20-day moving average, which settled at $0.5663. In addition, Smart Share Global Ltd ADR saw 47.69% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EM
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.59 for the gross margin
The net margin for Smart Share Global Ltd ADR stands at 0.03. The total capital return value is set at -0.01. Equity return is now at value 2.27, with 1.43 for asset returns.
Currently, EBITDA for the company is 391.55 million with net debt to EBITDA at -7.64. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 6.52for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.89.
Conclusion
To wrap up, the performance of Smart Share Global Ltd ADR (EM) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
