In the past week, RERE stock has gone down by -3.55%, with a monthly decline of -0.73% and a quarterly surge of 9.68%. The volatility ratio for the week is 5.84%, and the volatility levels for the last 30 days are 7.40% for ATRenew Inc ADR The simple moving average for the past 20 days is -11.75% for RERE’s stock, with a 12.50% simple moving average for the past 200 days.
Is It Worth Investing in ATRenew Inc ADR (NYSE: RERE) Right Now?
The stock has a 36-month beta value of 0.07. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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On December 26, 2024, the average trading volume of RERE was 1.29M shares.
RERE) stock’s latest price update
The stock price of ATRenew Inc ADR (NYSE: RERE) has dropped by -5.56 compared to previous close of 2.88. Despite this, the company has seen a fall of -3.55% in its stock price over the last five trading days. prnewswire.com reported 2024-12-03 that SHANGHAI, Dec. 3, 2024 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced it has been recognized by the United Nations Global Compact’s (“UNGC”) “Forward Faster: 20 Examples of Private Sector’s Sustainable Development in China” campaign (the “Campaign”). This prestigious acknowledgment highlights ATRenew’s commitment to environmental, social, and governance (ESG) practices, and reaffirms the Company’s role as a transformative force in the development of China’s circular economy.
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 -1.78% 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 -26.49% of loss for the given period.
Volatility was left at 7.40%, however, over the last 30 days, the volatility rate increased by 5.84%, as shares sank -13.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.29% upper at present.
During the last 5 trading sessions, RERE fell by -4.79%, which changed the moving average for the period of 200-days by +77.81% in comparison to the 20-day moving average, which settled at $3.08. In addition, ATRenew Inc ADR saw 41.67% 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.
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 0.11. 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
To sum up, ATRenew Inc ADR (RERE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
