The stock of ATRenew Inc ADR (RERE) has gone up by 26.83% for the week, with a 19.08% rise in the past month and a 34.48% rise in the past quarter. The volatility ratio for the week is 9.18%, and the volatility levels for the past 30 days are 5.14% for RERE. The simple moving average for the last 20 days is 22.16% for RERE stock, with a simple moving average of 40.17% for the last 200 days.
Is It Worth Investing in ATRenew Inc ADR (NYSE: RERE) Right Now?
The 36-month beta value for RERE is at -0.07. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average trading volume for RERE on November 27, 2024 was 1.07M shares.
RERE) stock’s latest price update
The stock price of ATRenew Inc ADR (NYSE: RERE) has surged by 13.87 when compared to previous closing price of 2.74, but the company has seen a 26.83% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-24 that ATRenew Inc. (NYSE: RERE) achieved strong Q3 2024 results with 12.8% YoY revenue growth and first-ever GAAP profitability, driving a 20% stock price surge. The company’s robust cash position and innovative AI-powered technologies position it well for future growth and sustainable margins in the circular economy market. ATRenew’s undervaluation, despite strong financials and ESG credentials, presents a significant investment opportunity, supported by a forward price-to-sales ratio below sector peers.
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 21.32% 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 -2.04% of loss for the given period.
Volatility was left at 5.14%, however, over the last 30 days, the volatility rate increased by 9.18%, as shares surge +21.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.20% upper at present.
During the last 5 trading sessions, RERE rose by +26.83%, which changed the moving average for the period of 200-days by +183.64% in comparison to the 20-day moving average, which settled at $2.55. In addition, ATRenew Inc ADR saw 62.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for RERE
Current profitability levels for the company are sitting at:
- -0.0 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 -0.01. Equity return is now at value -2.24, with -1.68 for asset returns.
Based on ATRenew Inc ADR (RERE), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -2.94.
Currently, EBITDA for the company is 192.38 million with net debt to EBITDA at -43.84. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 12.64for trailing twelve months and the total asset turnover is 3.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.23.
Conclusion
In conclusion, ATRenew Inc ADR (RERE) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
