Smart Share Global (NYSE:EM) Shares Down 3.9% – Should You Sell?

Smart Share Global Limited (NYSE:EMGet Free Report) traded down 3.9% during trading on Tuesday . The stock traded as low as $0.73 and last traded at $0.73. 78,523 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 157,751 shares. The stock had previously closed at $0.76.

Smart Share Global Price Performance

The business’s 50-day moving average is $0.72 and its two-hundred day moving average is $0.77. The firm has a market cap of $189.49 million, a P/E ratio of 24.33 and a beta of 0.60.

Smart Share Global Company Profile

(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.

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