Smart Share Global Limited (NYSE:EM - Get Free Report) shares dropped 0.5% on Tuesday . The stock traded as low as $1.08 and last traded at $1.08. Approximately 13,966 shares changed hands during trading, a decline of 95% from the average daily volume of 283,217 shares. The stock had previously closed at $1.08.
Smart Share Global Stock Up 0.1%
The firm's fifty day moving average price is $1.08 and its two-hundred day moving average price is $1.00. The stock has a market capitalization of $274.08 million, a PE ratio of 36.05 and a beta of 0.66.
Institutional Trading of Smart Share Global
A hedge fund recently bought a new stake in Smart Share Global stock. MASO CAPITAL PARTNERS Ltd purchased a new position in Smart Share Global Limited (NYSE:EM - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,632,260 shares of the company's stock, valued at approximately $2,948,000. Smart Share Global accounts for 4.5% of MASO CAPITAL PARTNERS Ltd's investment portfolio, making the stock its 5th biggest position. MASO CAPITAL PARTNERS Ltd owned approximately 1.01% of Smart Share Global as of its most recent filing with the Securities and Exchange Commission (SEC). 83.96% of the stock is owned by institutional investors and hedge funds.
About Smart Share Global
(
Get Free Report)
Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces.
Further Reading
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