NYSE:RERE - Get Free Report ) saw unusually-high trading volume on Monday . Approximately 820,276 shares were traded during mid-day trading, an increase of 30% from the previous session's volume of 633,361 shares.The stock last traded at $2.08 and had previously closed at $1.98.
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ATRenew Price Performance The stock has a 50 day simple moving average of $1.52 and a two-hundred day simple moving average of $1.53. The company has a market cap of $513.54 million, a price-to-earnings ratio of -20.45 and a beta of -0.15.
ATRenew (NYSE:RERE - Get Free Report ) last announced its quarterly earnings data on Tuesday, March 12th. The company reported $0.03 earnings per share (EPS) for the quarter. ATRenew had a negative net margin of 1.20% and a positive return on equity of 2.61%. The firm had revenue of $545.58 million during the quarter. As a group, research analysts forecast that ATRenew Inc. will post 0.04 EPS for the current year.
Institutional Investors Weigh In On ATRenew An institutional investor recently bought a new position in ATRenew stock. IvyRock Asset Management HK Ltd acquired a new position in ATRenew Inc. (NYSE:RERE - Free Report ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,000 shares of the company's stock, valued at approximately $67,000. ATRenew comprises 0.0% of IvyRock Asset Management HK Ltd's portfolio, making the stock its 18th biggest holding. 19.29% of the stock is owned by hedge funds and other institutional investors.
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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