Smart Share Global Ltd ADR (NASDAQ:EM) traded at $0.98 at last check on current trade day and made an upward move of 37.04% on its previous day’s price.
Looking at the stock we see that its previous close was $0.72 and the beta (5Y monthly) reads 0.574 with the day’s price range being $0.935 – $1.04. The company has a trailing 12-month PE ratio of 30.16. In terms of its 52-week price range, EM has a high of $1.17 and a low of $0.41. The company’s stock has gained about 35.15% over that past 30 days.
Smart Share Global Ltd ADR has a market cap of $216.80 million and is expected to release its quarterly earnings report in February. With its Forward Dividend at 0.00 and a yield of 0.00%, the company’s investors could be anxious for the EM stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 442M, with a low of 442M and a high of 442M. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 1.78B, or -39.85% down from figures reported last year.
On the other hand, looking at the outlook for the EM stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Smart Share Global Ltd ADR (EM) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 31.47% off its SMA20 and 35.35% from its 50-day simple moving average. The RSI (14) is pointing at 81.60 while the volatility over the past week is 7.31% and jumps to 6.45% over the past one month. The beta value is 0.59, while the average true range (ATR) is currently pointing at 0.07.
Coming back to Smart Share Global Ltd ADR (NASDAQ:EM), we note that the average 3-month trading volume was 60.12K, while that of the preceding 10-day period stands at 85100.0. Current shares outstanding are 221.20 million.
The insiders hold 2.17% of the company’s shares while institutions hold 1.90%. The data shows that short shares as of 2024-12-13, stood at 35100.0 at a short ratio of 0.76. This represents a 3.00 short interest in shares outstanding on 2024-12-13. Shares short rose in December from the previous month at 20512.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 36.12% up in year-to-date price movement.
