2 weeks Ago By ABMN Staff
Shares of ATRenew Inc. ( NYSE:RERE – Get Free Report ) saw strong trading volume on Friday . 660,286 shares traded hands during mid-day trading, a decline of 34% from the previous session’s volume of 995,641 shares.
The stock last traded at $2.54 and had previously closed at $2.48.
ATRenew Price Performance The firm has a fifty day moving average price of $2.45 and a 200-day moving average price of $2.26.
The company has a market capitalization of $616.99 million, a P/E ratio of -21.08, a price-to-earnings-growth ratio of 0.
50 and a beta of -0.18. ATRenew ( NYSE:RERE – Get Free Report ) last announced its earnings results on Tuesday, August 20th.
The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.
01). The business had revenue of $519.69 million for the quarter, compared to analysts’ expectations of $514.
00 million. ATRenew had a negative net margin of 0.99% and a positive return on equity of 4.
80%. On average, research analysts forecast that ATRenew Inc. will post 0.
16 EPS for the current year. Institutional Trading of ATRenew About ATRenew ( Get Free Report ) ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.
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