ATRenew Inc. (NYSE:RERE - Get Free Report) saw an uptick in trading volume on Monday . 792,197 shares were traded during mid-day trading, an increase of 4% from the previous session's volume of 761,286 shares.The stock last traded at $2.86 and had previously closed at $2.63.
ATRenew Price Performance
The stock has a market capitalization of $691.36 million, a PE ratio of -27.80 and a beta of -0.25. The business has a 50 day moving average price of $1.79 and a 200 day moving average price of $1.59.
ATRenew (NYSE:RERE - Get Free Report) last released its earnings results on Tuesday, March 12th. The company reported $0.03 EPS for the quarter. ATRenew had a positive return on equity of 2.61% and a negative net margin of 1.20%. The firm had revenue of $545.58 million for the quarter. On average, equities analysts expect that ATRenew Inc. will post 0.04 earnings per share for the current year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ATRenew stock. Lansdowne Partners UK LLP bought a new position in shares of ATRenew Inc. (NYSE:RERE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 515,046 shares of the company's stock, valued at approximately $1,174,000. ATRenew comprises 0.1% of Lansdowne Partners UK LLP's portfolio, making the stock its 25th biggest position. Lansdowne Partners UK LLP owned about 0.21% of ATRenew at the end of the most recent quarter. 19.29% of the stock is owned by institutional investors and hedge funds.
About ATRenew
(
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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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