ATRenew Inc. (NYSE:RERE – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $2.37, but opened at $2.30. ATRenew shares last traded at $2.40, with a volume of 39,745 shares changing hands.
ATRenew Stock Up 4.2 %
The company’s fifty day simple moving average is $2.37 and its 200-day simple moving average is $1.78.
ATRenew (NYSE:RERE – Get Free Report) last released its earnings results on Monday, May 20th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). ATRenew had a positive return on equity of 2.74% and a negative net margin of 1.44%. The company had revenue of $505.68 million during the quarter, compared to analyst estimates of $493.00 million. As a group, sell-side analysts anticipate that ATRenew Inc. will post 0.18 EPS for the current fiscal year.
Institutional Inflows and Outflows
ATRenew Company Profile
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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