What Is The Deal With ATRenew Inc ADR (NYSE: RERE) Stock?

ATRenew Inc ADR (NYSE:RERE) traded at $3.18 at close of the session on Monday, March 10 and made a downward move of -5.64% on its previous day’s price.

ATRenew Inc ADR has a market cap of $418.77 million and is expected to release its quarterly earnings report in April.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 4.8B, with a low of 4.8B and a high of 4.8B. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 16.28B, or 25.57% up from figures reported last year.

On the other hand, looking at the outlook for the RERE stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

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 ATRenew Inc ADR (RERE) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Sell and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 5.37% off its SMA20 and 11.51% from its 50-day simple moving average. The RSI (14) is pointing at 56.42 while the volatility over the past week is 8.34% and jumps to 6.47% over the past one month. The beta value is -0.01, while the average true range (ATR) is currently pointing at 0.21.

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